2017 NZD to ZMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 NZD to ZMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the NZD to ZMK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 30, valuing the pair at 3831.8023. Conversely, the yearly low was recorded on November 19, dropping to 0.6800.
This high-to-low spread represents a total annual volatility of 3831.1223 ZMK. From a start-to-finish perspective, comparing the January average rate of 2893.3043 to the December average rate of 0.6968, the exchange rate registered a net change of -99.98% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 3831.8023 was down 2.12% compared to the 2016 peak of 3914.9086, 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 2017.
NZD to ZMK 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 2229.2619, compared to 0.7138 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2228.5481 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was January, with a trading range of 3831.1040 ZMK (High: 3831.8023 / Low: 0.6983). On the other end, November was the most stable month, with a tight range of 0.0157 ZMK (High: 0.6957 / Low: 0.6800).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 2144.6319 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2017: 2893.3043) against the same month in 2016 (average: 3438.1786), the exchange rate shifted by -544.8743 (-15.85%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3831.8023 | 0.6983 | 2893.3043 |
| February | 3826.9478 | 0.7172 | 1621.3487 |
| March | 3737.8006 | 3621.6739 | 3678.4704 |
| April | 3700.6727 | 3605.7780 | 3663.1787 |
| May | 3656.6884 | 0.6865 | 1518.5468 |
| June | 0.7335 | 0.7061 | 0.7225 |
| July | 0.7526 | 0.7221 | 0.7369 |
| August | 0.7445 | 0.7179 | 0.7307 |
| September | 0.7339 | 0.7155 | 0.7250 |
| October | 0.7218 | 0.6840 | 0.7046 |
| November | 0.6957 | 0.6800 | 0.6886 |
| December | 0.7102 | 0.6826 | 0.6968 |