2017 TOP to NZD Historical Review

YEARLY HIGH

0.6525 NZD

YEARLY LOW

0.5965 NZD

YEARLY AVERAGE

0.6212 NZD

2017 TOP to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the TOP to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 25, valuing the pair at 0.6525. Conversely, the yearly low was recorded on February 5, dropping to 0.5965.

This high-to-low spread represents a total annual volatility of 0.0561 NZD. From a start-to-finish perspective, comparing the January average rate of 0.6102 to the December average rate of 0.6274, the exchange rate registered a net change of 2.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.6525 was down 5.82% compared to the 2016 peak of 0.6928, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,263 NZD

2016 Average 3,189 NZD

Yearly Trough Low 2,982 NZD

Transaction Impact: A difference of 280.31 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.6429

0.6036

JanuMarcMayJulySeptNove

TOP 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 0.6171, compared to 0.6254 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0084 points.

H1 Avg (Jan–Jun) 0.6171

H2 Avg (Jul–Dec) 0.6254

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.0321 NZD (High: 0.6525 / Low: 0.6204). On the other end, June was the most stable month, with a tight range of 0.0132 NZD (High: 0.6173 / Low: 0.6040).

October Spread (Volatile) ±0.0321

June Spread (Stable) ±0.0132

Growth Streaks & Declines

Trends

Between July and November, 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 May and June, when the average rate fell by 0.0132 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0132

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2017: 0.6343) against the same month in 2016 (average: 0.6285), the exchange rate shifted by +0.0058 (+0.92%).

2017 Avg (October) 0.6343

2016 Avg (October) 0.6285

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6245	0.5979	0.6102
February	0.6202	0.5965	0.6131
March	0.6385	0.6157	0.6246
April	0.6310	0.6166	0.6244
May	0.6335	0.6136	0.6216
June	0.6173	0.6040	0.6084
July	0.6155	0.5988	0.6068
August	0.6357	0.6120	0.6211
September	0.6378	0.6160	0.6235
October	0.6525	0.6204	0.6343
November	0.6491	0.6307	0.6396
December	0.6367	0.6189	0.6274