2023 NZD to PYG Historical Review

YEARLY HIGH

4830.7130 PYG

YEARLY LOW

4260.0869 PYG

YEARLY AVERAGE

4476.1548 PYG

2023 NZD to PYG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NZD to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on January 24, valuing the pair at 4830.7130. Conversely, the yearly low was recorded on September 6, dropping to 4260.0869.

This high-to-low spread represents a total annual volatility of 570.6261 PYG. From a start-to-finish perspective, comparing the January average rate of 4725.3096 to the December average rate of 4583.3756, the exchange rate registered a net change of -3.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 4830.7130 was down 0.62% compared to the 2022 peak of 4861.0436, 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 24,153,565 PYG

2022 Average 22,184,717 PYG

Yearly Trough Low 21,300,434 PYG

Transaction Impact: A difference of 2,853,130.52 PYG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

4766.5501

4271.6633

JanuMarcMayJulySeptNove

NZD to PYG 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 4522.8935, compared to 4429.4161 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 93.4774 points.

H1 Avg (Jan–Jun) 4522.8935

H2 Avg (Jul–Dec) 4429.4161

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 293.9295 PYG (High: 4785.6797 / Low: 4491.7502). On the other end, October was the most stable month, with a tight range of 120.4569 PYG (High: 4420.3046 / Low: 4299.8476).

February Spread (Volatile) ±293.9295

October Spread (Stable) ±120.4569

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 165.1040 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -165.1040

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 4725.3096) against the same month in 2022 (average: 4693.9645), the exchange rate shifted by +31.3451 (+0.67%).

2023 Avg (January) 4725.3096

2022 Avg (January) 4693.9645

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	4830.7130	4558.6896	4725.3096
February	4785.6797	4491.7502	4585.8890
March	4553.5228	4385.4306	4461.8003
April	4544.2726	4372.2363	4445.4925
May	4579.2955	4344.4002	4470.3231
June	4513.6875	4371.8937	4448.5466
July	4645.3637	4426.1193	4519.8550
August	4467.8592	4288.9025	4354.7509
September	4384.7134	4260.0869	4312.9038
October	4420.3046	4299.8476	4344.9677
November	4575.0384	4366.5762	4460.6438
December	4672.2890	4504.6542	4583.3756