2023 NZD to STD Historical Review

YEARLY HIGH

14870.7930 STD

YEARLY LOW

12906.0995 STD

YEARLY AVERAGE

13880.1467 STD

2023 NZD to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NZD to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 14870.7930. Conversely, the yearly low was recorded on October 25, dropping to 12906.0995.

This high-to-low spread represents a total annual volatility of 1964.6935 STD. From a start-to-finish perspective, comparing the January average rate of 14620.5733 to the December average rate of 13879.0722, the exchange rate registered a net change of -5.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 14870.7930 was down 1.56% compared to the 2022 peak of 15106.5373, 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 74,353,965 STD

2022 Average 70,405,131 STD

Yearly Trough Low 64,530,497 STD

Transaction Impact: A difference of 9,823,467.51 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

14769.0956

12986.8278

JanuMarcMayJulySeptNove

NZD to STD 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 14244.8673, compared to 13515.4261 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 729.4412 points.

H1 Avg (Jan–Jun) 14244.8673

H2 Avg (Jul–Dec) 13515.4261

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 864.8726 STD (High: 14588.0743 / Low: 13723.2017). On the other end, September was the most stable month, with a tight range of 277.8867 STD (High: 13357.9368 / Low: 13080.0501).

July Spread (Volatile) ±864.8726

September Spread (Stable) ±277.8867

Growth Streaks & Declines

Trends

Between 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 July and August, when the average rate fell by 818.4845 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -818.4845

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 14334.8673) against the same month in 2022 (average: 14114.6213), the exchange rate shifted by +220.2460 (+1.56%).

2023 Avg (February) 14334.8673

2022 Avg (February) 14114.6213

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	14824.0266	14210.9746	14620.5733
February	14870.7930	14037.8960	14334.8673
March	14317.4855	13924.5391	14167.3490
April	14419.4534	13969.1279	14173.4672
May	14539.7962	13747.6858	14168.6014
June	14229.4737	13789.0562	14004.3453
July	14588.0743	13723.2017	14161.3105
August	13679.8030	13150.7176	13342.8261
September	13357.9368	13080.0501	13209.1155
October	13460.7694	12906.0995	13135.3501
November	13718.6814	13099.0971	13364.8820
December	14144.1841	13641.4534	13879.0722