2015 NZD to TOP Historical Review

YEARLY HIGH

1.5662 TOP

YEARLY LOW

1.3595 TOP

YEARLY AVERAGE

1.4801 TOP

2015 NZD to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the NZD to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 1.5662. Conversely, the yearly low was recorded on September 22, dropping to 1.3595.

This high-to-low spread represents a total annual volatility of 0.2067 TOP. From a start-to-finish perspective, comparing the January average rate of 1.5129 to the December average rate of 1.5151, the exchange rate registered a net change of 0.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 1.5662 was down 3.60% compared to the 2014 peak of 1.6247, 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 7,831 TOP

2014 Average 7,828 TOP

Yearly Trough Low 6,797 TOP

Transaction Impact: A difference of 1,033.56 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

1.5518

1.3834

JanuMarcMayJulySeptNove

NZD to TOP 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 1.5009, compared to 1.4594 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0415 points.

H1 Avg (Jan–Jun) 1.5009

H2 Avg (Jul–Dec) 1.4594

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 0.1162 TOP (High: 1.5521 / Low: 1.4359). On the other end, December was the most stable month, with a tight range of 0.0530 TOP (High: 1.5422 / Low: 1.4891).

January Spread (Volatile) ±0.1162

December Spread (Stable) ±0.0530

Growth Streaks & Declines

Trends

Between February and April, 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 0.0595 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0595

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2015: 1.5378) against the same month in 2014 (average: 1.5770), the exchange rate shifted by -0.0392 (-2.49%).

2015 Avg (April) 1.5378

2014 Avg (April) 1.5770

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.5521	1.4359	1.5129
February	1.5137	1.4386	1.4964
March	1.5434	1.4661	1.5059
April	1.5662	1.5095	1.5378
May	1.5290	1.4366	1.4955
June	1.4970	1.4281	1.4569
July	1.4773	1.3981	1.4356
August	1.4858	1.4320	1.4569
September	1.4454	1.3595	1.3974
October	1.5311	1.4332	1.4918
November	1.4974	1.4393	1.4594
December	1.5422	1.4891	1.5151