2017 NZD to SCR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 NZD to SCR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the NZD to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 30, valuing the pair at 10.2391. Conversely, the yearly low was recorded on March 7, dropping to 9.0352.
This high-to-low spread represents a total annual volatility of 1.2038 SCR. From a start-to-finish perspective, comparing the January average rate of 9.5287 to the December average rate of 9.7055, the exchange rate registered a net change of 1.86% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 10.2391 was up 3.09% compared to the 2016 peak of 9.9322, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NZD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
NZD to SCR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 9.5348, compared to 9.7753 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2405 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was January, with a trading range of 0.8289 SCR (High: 9.8663 / Low: 9.0374). On the other end, February was the most stable month, with a tight range of 0.2914 SCR (High: 9.8209 / Low: 9.5295).
Growth Streaks & Declines
TrendsBetween April and July, 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 February and March, when the average rate fell by 0.2793 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2017: 9.9765) against the same month in 2016 (average: 9.3969), the exchange rate shifted by +0.5796 (+6.17%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 9.8663 | 9.0374 | 9.5287 |
| February | 9.8209 | 9.5295 | 9.7091 |
| March | 9.6209 | 9.0352 | 9.4298 |
| April | 9.5601 | 9.1432 | 9.4013 |
| May | 9.6495 | 9.1640 | 9.4073 |
| June | 10.0174 | 9.5042 | 9.7328 |
| July | 10.2391 | 9.5743 | 9.9765 |
| August | 10.1213 | 9.6156 | 9.9198 |
| September | 10.0580 | 9.6821 | 9.8808 |
| October | 9.9008 | 9.4609 | 9.6512 |
| November | 9.7422 | 9.0829 | 9.5180 |
| December | 9.9783 | 9.1965 | 9.7055 |