2023 SCR to NZD Historical Review

YEARLY HIGH

0.1347 NZD

YEARLY LOW

0.1089 NZD

YEARLY AVERAGE

0.1213 NZD

2023 SCR to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SCR to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 26, valuing the pair at 0.1347. Conversely, the yearly low was recorded on January 26, dropping to 0.1089.

This high-to-low spread represents a total annual volatility of 0.0257 NZD. From a start-to-finish perspective, comparing the January average rate of 0.1154 to the December average rate of 0.1196, the exchange rate registered a net change of 3.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1347 was down 1.59% compared to the 2022 peak of 0.1368, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 SCR based on timing:

Yearly Peak High 673 NZD

2022 Average 583 NZD

Yearly Trough Low 545 NZD

Transaction Impact: A difference of 128.68 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1297

0.1141

JanuMarcMayJulySeptNove

SCR to NZD 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 0.1184, compared to 0.1242 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0058 points.

H1 Avg (Jan–Jun) 0.1184

H2 Avg (Jul–Dec) 0.1242

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0158 NZD (High: 0.1248 / Low: 0.1090). On the other end, August was the most stable month, with a tight range of 0.0055 NZD (High: 0.1274 / Low: 0.1219).

February Spread (Volatile) ±0.0158

August Spread (Stable) ±0.0055

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0053 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0053

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.1274) against the same month in 2022 (average: 0.1317), the exchange rate shifted by -0.0044 (-3.31%).

2023 Avg (October) 0.1274

2022 Avg (October) 0.1317

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1225	0.1089	0.1154
February	0.1248	0.1090	0.1176
March	0.1252	0.1147	0.1198
April	0.1253	0.1127	0.1193
May	0.1260	0.1140	0.1194
June	0.1256	0.1137	0.1190
July	0.1242	0.1117	0.1203
August	0.1274	0.1219	0.1249
September	0.1326	0.1230	0.1284
October	0.1347	0.1207	0.1274
November	0.1299	0.1185	0.1249
December	0.1264	0.1130	0.1196