2023 NZD to NAD Historical Review

YEARLY HIGH

12.2272 NAD

YEARLY LOW

10.5163 NAD

YEARLY AVERAGE

11.3552 NAD

2023 NZD to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NZD to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 20, valuing the pair at 12.2272. Conversely, the yearly low was recorded on January 5, dropping to 10.5163.

This high-to-low spread represents a total annual volatility of 1.7110 NAD. From a start-to-finish perspective, comparing the January average rate of 10.9416 to the December average rate of 11.6375, the exchange rate registered a net change of 6.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 12.2272 was up 8.56% compared to the 2022 peak of 11.2635, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NZD based on timing:

Yearly Peak High 61,136 NAD

2022 Average 51,683 NAD

Yearly Trough Low 52,581 NAD

Transaction Impact: A difference of 8,554.81 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

11.9359

10.8512

JanuMarcMayJulySeptNove

NZD to NAD Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 11.3564, compared to 11.3539 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0025 points.

H1 Avg (Jan–Jun) 11.3564

H2 Avg (Jul–Dec) 11.3539

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.9444 NAD (High: 11.7762 / Low: 10.8317). On the other end, September was the most stable month, with a tight range of 0.3077 NAD (High: 11.3519 / Low: 11.0443).

November Spread (Volatile) ±0.9444

September Spread (Stable) ±0.3077

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.3535 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.3535

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 11.8455) against the same month in 2022 (average: 10.2007), the exchange rate shifted by +1.6449 (+16.13%).

2023 Avg (May) 11.8455

2022 Avg (May) 10.2007

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.1843	10.5163	10.9416
February	11.3950	10.7555	11.2271
March	11.5549	11.1893	11.3450
April	11.6049	11.0356	11.2872
May	12.2272	11.3296	11.8455
June	11.9592	11.2531	11.4921
July	11.7285	10.8582	11.3558
August	11.8471	10.9762	11.2847
September	11.3519	11.0443	11.2477
October	11.7723	10.9274	11.3522
November	11.7762	10.8317	11.2455
December	11.8615	11.3506	11.6375