2023 NZD to SOS Historical Review

YEARLY HIGH

370.3717 SOS

YEARLY LOW

331.0556 SOS

YEARLY AVERAGE

349.6972 SOS

2023 NZD to SOS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NZD to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 370.3717. Conversely, the yearly low was recorded on October 25, dropping to 331.0556.

This high-to-low spread represents a total annual volatility of 39.3161 SOS. From a start-to-finish perspective, comparing the January average rate of 364.2966 to the December average rate of 356.1298, the exchange rate registered a net change of -2.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 370.3717 was down 9.13% compared to the 2022 peak of 407.5689, 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 1,851,858 SOS

2022 Average 1,830,368 SOS

Yearly Trough Low 1,655,278 SOS

Transaction Impact: A difference of 196,580.32 SOS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

367.0722

333.7654

JanuMarcMayJulySeptNove

NZD to SOS 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 354.7818, compared to 344.6126 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 10.1692 points.

H1 Avg (Jan–Jun) 354.7818

H2 Avg (Jul–Dec) 344.6126

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 20.8542 SOS (High: 370.3717 / Low: 349.5175). On the other end, September was the most stable month, with a tight range of 9.0267 SOS (High: 343.3394 / Low: 334.3127).

February Spread (Volatile) ±20.8542

September Spread (Stable) ±9.0267

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 13.1121 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -13.1121

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 357.1567) against the same month in 2022 (average: 388.1014), the exchange rate shifted by -30.9447 (-7.97%).

2023 Avg (February) 357.1567

2022 Avg (February) 388.1014

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	369.6055	354.3225	364.2966
February	370.3717	349.5175	357.1567
March	356.6879	346.5693	352.5667
April	359.6083	348.0375	352.7734
May	362.1845	342.2919	352.9576
June	354.8228	343.3580	348.9400
July	363.6595	346.9168	353.9623
August	349.7100	335.9933	340.8502
September	343.3394	334.3127	337.9807
October	344.6001	331.0556	336.5410
November	351.9063	335.2385	342.2119
December	362.6266	349.9490	356.1298