2023 XDR to NZD Historical Review

YEARLY HIGH

2.2674 NZD

YEARLY LOW

2.0697 NZD

YEARLY AVERAGE

2.1741 NZD

2023 XDR to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XDR to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 6, valuing the pair at 2.2674. Conversely, the yearly low was recorded on February 1, dropping to 2.0697.

This high-to-low spread represents a total annual volatility of 0.1977 NZD. From a start-to-finish perspective, comparing the January average rate of 2.0974 to the December average rate of 2.1413, the exchange rate registered a net change of 2.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.2674 was down 10.24% compared to the 2022 peak of 2.5259, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,337 NZD

2022 Average 10,813 NZD

Yearly Trough Low 10,348 NZD

Transaction Impact: A difference of 988.47 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.2435

2.0842

JanuMarcMayJulySeptNove

XDR 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 2.1493, compared to 2.1989 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0496 points.

H1 Avg (Jan–Jun) 2.1493

H2 Avg (Jul–Dec) 2.1989

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0983 NZD (High: 2.1987 / Low: 2.1005). On the other end, March was the most stable month, with a tight range of 0.0582 NZD (High: 2.1816 / Low: 2.1235).

July Spread (Volatile) ±0.0983

March Spread (Stable) ±0.0582

Growth Streaks & Declines

Trends

Between January and April, 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 0.0635 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0635

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 2.2302) against the same month in 2022 (average: 2.3090), the exchange rate shifted by -0.0788 (-3.41%).

2023 Avg (September) 2.2302

2022 Avg (September) 2.3090

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1422	2.0764	2.0974
February	2.1641	2.0697	2.1328
March	2.1816	2.1235	2.1498
April	2.2185	2.1268	2.1737
May	2.2143	2.1166	2.1665
June	2.2093	2.1371	2.1754
July	2.1987	2.1005	2.1595
August	2.2580	2.1865	2.2296
September	2.2674	2.1825	2.2302
October	2.2642	2.1707	2.2280
November	2.2411	2.1615	2.2048
December	2.1731	2.1078	2.1413