2017 NZD to TOP Historical Review

YEARLY HIGH

1.6765 TOP

YEARLY LOW

1.5325 TOP

YEARLY AVERAGE

1.6102 TOP

2017 NZD to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NZD to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 1.6765. Conversely, the yearly low was recorded on October 25, dropping to 1.5325.

This high-to-low spread represents a total annual volatility of 0.1440 TOP. From a start-to-finish perspective, comparing the January average rate of 1.6391 to the December average rate of 1.5940, the exchange rate registered a net change of -2.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.6765 was up 0.17% compared to the 2016 peak of 1.6736, 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 8,383 TOP

2016 Average 7,849 TOP

Yearly Trough Low 7,662 TOP

Transaction Impact: A difference of 720.19 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.6564

1.5552

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 1.6210, compared to 1.5995 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0215 points.

H1 Avg (Jan–Jun) 1.6210

H2 Avg (Jul–Dec) 1.5995

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.0794 TOP (High: 1.6118 / Low: 1.5325). On the other end, June was the most stable month, with a tight range of 0.0355 TOP (High: 1.6555 / Low: 1.6200).

October Spread (Volatile) ±0.0794

June Spread (Stable) ±0.0355

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0377 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0377

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2017: 1.6313) against the same month in 2016 (average: 1.5105), the exchange rate shifted by +0.1208 (+8.00%).

2017 Avg (February) 1.6313

2016 Avg (February) 1.5105

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.6724	1.6013	1.6391
February	1.6765	1.6123	1.6313
March	1.6241	1.5662	1.6013
April	1.6218	1.5847	1.6017
May	1.6298	1.5786	1.6088
June	1.6555	1.6200	1.6437
July	1.6700	1.6248	1.6479
August	1.6339	1.5731	1.6103
September	1.6233	1.5679	1.6041
October	1.6118	1.5325	1.5768
November	1.5857	1.5405	1.5636
December	1.6158	1.5707	1.5940