YEARLY HIGH
2.7630 QAR
YEARLY LOW
2.4873 QAR
YEARLY AVERAGE
2.6141 QAR

2017 NZD to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NZD to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 26, valuing the pair at 2.7630. Conversely, the yearly low was recorded on May 10, dropping to 2.4873.

This high-to-low spread represents a total annual volatility of 0.2757 QAR. From a start-to-finish perspective, comparing the January average rate of 2.5933 to the December average rate of 2.5558, the exchange rate registered a net change of -1.45% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.7630 was up 1.83% compared to the 2016 peak of 2.7135, 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 13,815 QAR
2016 Average 12,693 QAR
Yearly Trough Low 12,437 QAR
Transaction Impact: A difference of 1,378.54 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.7197
2.5118
JanuMarcMayJulySeptNove

NZD to QAR 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 2.5829, compared to 2.6454 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0625 points.

H1 Avg (Jan–Jun) 2.5829
H2 Avg (Jul–Dec) 2.6454

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.2397 QAR (High: 2.7309 / Low: 2.4912). On the other end, February was the most stable month, with a tight range of 0.0562 QAR (High: 2.6643 / Low: 2.6081).

October Spread (Volatile) ±0.2397
February Spread (Stable) ±0.0562

Growth Streaks & Declines

Trends

Between May and July, 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 February and March, when the average rate fell by 0.0786 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0786

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2017: 2.6567) against the same month in 2016 (average: 2.5648), the exchange rate shifted by +0.0919 (+3.58%).

2017 Avg (June) 2.6567
2016 Avg (June) 2.5648

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.6582 2.5198 2.5933
February 2.6643 2.6081 2.6286
March 2.5915 2.5108 2.5501
April 2.5651 2.4999 2.5393
May 2.5799 2.4873 2.5291
June 2.7630 2.5713 2.6567
July 2.7545 2.6500 2.7024
August 2.7286 2.6341 2.6736
September 2.7281 2.6396 2.6842
October 2.7309 2.4912 2.6349
November 2.6839 2.5043 2.6213
December 2.5866 2.5070 2.5558