YEARLY HIGH
0.5955 SHP
YEARLY LOW
0.4491 SHP
YEARLY AVERAGE
0.5171 SHP

2016 NZD to SHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NZD to SHP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 0.5955. Conversely, the yearly low was recorded on January 14, dropping to 0.4491.

This high-to-low spread represents a total annual volatility of 0.1464 SHP. From a start-to-finish perspective, comparing the January average rate of 0.4544 to the December average rate of 0.5631, the exchange rate registered a net change of 23.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.5955 was up 14.94% compared to the 2015 peak of 0.5181, 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 2,978 SHP
2015 Average 2,292 SHP
Yearly Trough Low 2,246 SHP
Transaction Impact: A difference of 731.80 SHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.5925
0.4418
JanuMarcMayJulySeptNove

NZD to SHP 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 0.4730, compared to 0.5612 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0882 points.

H1 Avg (Jan–Jun) 0.4730
H2 Avg (Jul–Dec) 0.5612

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0645 SHP (High: 0.5365 / Low: 0.4720). On the other end, December was the most stable month, with a tight range of 0.0133 SHP (High: 0.5706 / Low: 0.5573).

June Spread (Volatile) ±0.0645
December Spread (Stable) ±0.0133

Growth Streaks & Declines

Trends

Between May and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0133 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0133

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2016: 0.5738) against the same month in 2015 (average: 0.4321), the exchange rate shifted by +0.1416 (+32.78%).

2016 Avg (November) 0.5738
2015 Avg (November) 0.4321

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4644 0.4491 0.4544
February 0.4817 0.4523 0.4639
March 0.4815 0.4662 0.4731
April 0.4895 0.4733 0.4817
May 0.4792 0.4573 0.4684
June 0.5365 0.4720 0.4965
July 0.5642 0.5256 0.5429
August 0.5602 0.5371 0.5520
September 0.5638 0.5485 0.5556
October 0.5889 0.5615 0.5799
November 0.5955 0.5627 0.5738
December 0.5706 0.5573 0.5631