2023 NZD to SDG Historical Review

YEARLY HIGH

383.9725 SDG

YEARLY LOW

329.7649 SDG

YEARLY AVERAGE

366.1931 SDG

2023 NZD to SDG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NZD to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on July 13, valuing the pair at 383.9725. Conversely, the yearly low was recorded on November 20, dropping to 329.7649.

This high-to-low spread represents a total annual volatility of 54.2076 SDG. From a start-to-finish perspective, comparing the January average rate of 369.5341 to the December average rate of 374.3559, the exchange rate registered a net change of 1.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 383.9725 was up 4.37% compared to the 2022 peak of 367.9093, 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 1,919,863 SDG

2022 Average 1,578,826 SDG

Yearly Trough Low 1,648,825 SDG

Transaction Impact: A difference of 271,038.18 SDG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

376.3666

352.2381

JanuMarcMayJulySeptNove

NZD to SDG 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 369.3423, compared to 363.0439 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 6.2984 points.

H1 Avg (Jan–Jun) 369.3423

H2 Avg (Jul–Dec) 363.0439

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 40.2648 SDG (High: 370.0297 / Low: 329.7649). On the other end, September was the most stable month, with a tight range of 7.5016 SDG (High: 360.5992 / Low: 353.0976).

November Spread (Volatile) ±40.2648

September Spread (Stable) ±7.5016

Growth Streaks & Declines

Trends

Between March and May, 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 July and August, when the average rate fell by 13.9805 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -13.9805

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 374.0760) against the same month in 2022 (average: 283.1683), the exchange rate shifted by +90.9077 (+32.10%).

2023 Avg (July) 374.0760

2022 Avg (July) 283.1683

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	378.1444	357.0801	369.5341
February	380.1749	361.6494	367.7735
March	372.6638	352.9557	366.0431
April	379.0604	351.9021	371.2845
May	382.2240	362.0033	372.5231
June	375.0014	363.3947	368.8954
July	383.9725	368.7766	374.0760
August	369.2880	355.0053	360.0955
September	360.5992	353.0976	356.4439
October	363.0731	348.1122	354.2488
November	370.0297	329.7649	359.0433
December	381.5066	367.9466	374.3559