2018 NZD to SRD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 NZD to SRD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the NZD to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 5.5260. Conversely, the yearly low was recorded on October 7, dropping to 4.8014.
This high-to-low spread represents a total annual volatility of 0.7245 SRD. From a start-to-finish perspective, comparing the January average rate of 5.4122 to the December average rate of 5.0752, the exchange rate registered a net change of -6.23% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 5.5260 was down 1.55% compared to the 2017 peak of 5.6129, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NZD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
NZD to SRD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 5.3435, compared to 4.9914 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3521 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was April, with a trading range of 0.2553 SRD (High: 5.5108 / Low: 5.2555). On the other end, July was the most stable month, with a tight range of 0.0960 SRD (High: 5.1070 / Low: 5.0110).
Growth Streaks & Declines
TrendsBetween October and December, 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 April and May, when the average rate fell by 0.2141 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2018: 5.4548) against the same month in 2017 (average: 5.4406), the exchange rate shifted by +0.0141 (+0.26%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 5.5066 | 5.2847 | 5.4122 |
| February | 5.5260 | 5.3822 | 5.4548 |
| March | 5.4747 | 5.3613 | 5.4161 |
| April | 5.5108 | 5.2555 | 5.4057 |
| May | 5.2575 | 5.1256 | 5.1916 |
| June | 5.2563 | 5.0429 | 5.1809 |
| July | 5.1070 | 5.0110 | 5.0640 |
| August | 5.0667 | 4.8903 | 4.9699 |
| September | 4.9857 | 4.8589 | 4.9205 |
| October | 4.9244 | 4.8014 | 4.8657 |
| November | 5.1304 | 4.9588 | 5.0532 |
| December | 5.1752 | 4.9970 | 5.0752 |