2023 NZD to SLL Historical Review

YEARLY HIGH

13311.1539 SLL

YEARLY LOW

10640.2458 SLL

YEARLY AVERAGE

11699.7138 SLL

2023 NZD to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NZD to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 13311.1539. Conversely, the yearly low was recorded on May 31, dropping to 10640.2458.

This high-to-low spread represents a total annual volatility of 2670.9080 SLL. From a start-to-finish perspective, comparing the January average rate of 11315.8313 to the December average rate of 13061.6559, the exchange rate registered a net change of 15.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 13311.1539 was up 16.77% compared to the 2022 peak of 11399.7528, 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 66,555,769 SLL

2022 Average 43,404,782 SLL

Yearly Trough Low 53,201,229 SLL

Transaction Impact: A difference of 13,354,540.23 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

13283.9323

10616.6152

JanuMarcMayJulySeptNove

NZD to SLL 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 11025.0475, compared to 12374.3800 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1349.3325 points.

H1 Avg (Jan–Jun) 11025.0475

H2 Avg (Jul–Dec) 12374.3800

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 2177.7960 SLL (High: 13008.1165 / Low: 10830.3205). On the other end, September was the most stable month, with a tight range of 261.5204 SLL (High: 12571.2131 / Low: 12309.6927).

July Spread (Volatile) ±2177.7960

September Spread (Stable) ±261.5204

Growth Streaks & Declines

Trends

Between June and August, 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 January and February, when the average rate fell by 221.1268 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -221.1268

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 13061.6559) against the same month in 2022 (average: 11225.1338), the exchange rate shifted by +1836.5221 (+16.36%).

2023 Avg (December) 13061.6559

2022 Avg (December) 11225.1338

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11473.2974	10998.8158	11315.8313
February	11509.4930	10864.8587	11094.7045
March	11081.2516	10777.1243	10965.0510
April	11160.1714	10811.6346	10969.7863
May	11253.3126	10640.2458	10966.0203
June	11013.1335	10672.2651	10838.8917
July	13008.1165	10830.3205	11256.9902
August	12874.1228	12376.1982	12556.9923
September	12571.2131	12309.6927	12431.1567
October	12667.9893	12145.9870	12361.7357
November	12910.7114	12327.6179	12577.7493
December	13311.1539	12838.0318	13061.6559