2023 NZD to YER Historical Review

YEARLY HIGH

163.1462 YER

YEARLY LOW

145.0081 YER

YEARLY AVERAGE

153.7569 YER

2023 NZD to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NZD to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 163.1462. Conversely, the yearly low was recorded on October 25, dropping to 145.0081.

This high-to-low spread represents a total annual volatility of 18.1381 YER. From a start-to-finish perspective, comparing the January average rate of 160.3542 to the December average rate of 155.8633, the exchange rate registered a net change of -2.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 163.1462 was down 6.54% compared to the 2022 peak of 174.5631, 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 815,731 YER

2022 Average 795,698 YER

Yearly Trough Low 725,041 YER

Transaction Impact: A difference of 90,690.26 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

161.6319

146.2988

JanuMarcMayJulySeptNove

NZD to YER 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 156.2345, compared to 151.2794 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.9551 points.

H1 Avg (Jan–Jun) 156.2345

H2 Avg (Jul–Dec) 151.2794

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 9.1684 YER (High: 163.1462 / Low: 153.9778). On the other end, September was the most stable month, with a tight range of 3.1522 YER (High: 150.1148 / Low: 146.9625).

February Spread (Volatile) ±9.1684

September Spread (Stable) ±3.1522

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 5.8980 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -5.8980

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 157.2284) against the same month in 2022 (average: 167.0387), the exchange rate shifted by -9.8103 (-5.87%).

2023 Avg (February) 157.2284

2022 Avg (February) 167.0387

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	162.6168	155.8451	160.3542
February	163.1462	153.9778	157.2284
March	157.0131	152.7039	155.3688
April	158.1629	153.2235	155.4560
May	159.4512	150.7945	155.3968
June	156.0480	151.2483	153.6026
July	160.0125	153.4882	155.7885
August	153.7011	147.7565	149.8904
September	150.1148	146.9625	148.4072
October	151.2402	145.0081	147.5765
November	154.1277	147.1472	150.1505
December	158.8870	153.2550	155.8633