2022 TOP to NZD Historical Review

YEARLY HIGH

0.7360 NZD

YEARLY LOW

0.6348 NZD

YEARLY AVERAGE

0.6763 NZD

2022 TOP to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the TOP to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 0.7360. Conversely, the yearly low was recorded on March 23, dropping to 0.6348.

This high-to-low spread represents a total annual volatility of 0.1012 NZD. From a start-to-finish perspective, comparing the January average rate of 0.6521 to the December average rate of 0.6707, the exchange rate registered a net change of 2.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.7360 was up 13.14% compared to the 2021 peak of 0.6505, 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 3,680 NZD

2021 Average 3,122 NZD

Yearly Trough Low 3,174 NZD

Transaction Impact: A difference of 505.81 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.7299

0.6346

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 0.6595, compared to 0.6930 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0335 points.

H1 Avg (Jan–Jun) 0.6595

H2 Avg (Jul–Dec) 0.6930

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0471 NZD (High: 0.7174 / Low: 0.6703). On the other end, July was the most stable month, with a tight range of 0.0148 NZD (High: 0.6949 / Low: 0.6801).

November Spread (Volatile) ±0.0471

July Spread (Stable) ±0.0148

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 October and November, when the average rate fell by 0.0325 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0325

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 0.7066) against the same month in 2021 (average: 0.6291), the exchange rate shifted by +0.0776 (+12.33%).

2022 Avg (September) 0.7066

2021 Avg (September) 0.6291

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6720	0.6394	0.6521
February	0.6666	0.6459	0.6608
March	0.6524	0.6348	0.6426
April	0.6699	0.6392	0.6529
May	0.6856	0.6592	0.6722
June	0.6859	0.6609	0.6765
July	0.6949	0.6801	0.6855
August	0.6986	0.6676	0.6838
September	0.7360	0.6890	0.7066
October	0.7360	0.7061	0.7220
November	0.7174	0.6703	0.6895
December	0.6808	0.6611	0.6707