YEARLY HIGH
0.5513 SHP
YEARLY LOW
0.4892 SHP
YEARLY AVERAGE
0.5186 SHP

2018 NZD to SHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NZD to SHP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 11, valuing the pair at 0.5513. Conversely, the yearly low was recorded on October 10, dropping to 0.4892.

This high-to-low spread represents a total annual volatility of 0.0621 SHP. From a start-to-finish perspective, comparing the January average rate of 0.5250 to the December average rate of 0.5372, the exchange rate registered a net change of 2.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.5513 was down 6.90% compared to the 2017 peak of 0.5922, 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 2,756 SHP
2017 Average 2,760 SHP
Yearly Trough Low 2,446 SHP
Transaction Impact: A difference of 310.52 SHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.5408
0.4977
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 0.5200, compared to 0.5171 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0028 points.

H1 Avg (Jan–Jun) 0.5200
H2 Avg (Jul–Dec) 0.5171

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.0291 SHP (High: 0.5389 / Low: 0.5099). On the other end, July was the most stable month, with a tight range of 0.0090 SHP (High: 0.5195 / Low: 0.5105).

November Spread (Volatile) ±0.0291
July Spread (Stable) ±0.0090

Growth Streaks & Declines

Trends

Between April and June, 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 August and September, when the average rate fell by 0.0119 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0119

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 0.5372) against the same month in 2017 (average: 0.5198), the exchange rate shifted by +0.0174 (+3.35%).

2018 Avg (December) 0.5372
2017 Avg (December) 0.5198

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5363 0.5160 0.5250
February 0.5268 0.5160 0.5229
March 0.5274 0.5112 0.5192
April 0.5197 0.5075 0.5148
May 0.5272 0.5083 0.5163
June 0.5280 0.5124 0.5218
July 0.5195 0.5105 0.5154
August 0.5217 0.5105 0.5178
September 0.5134 0.4992 0.5060
October 0.5160 0.4892 0.5012
November 0.5389 0.5099 0.5253
December 0.5513 0.5276 0.5372