YEARLY HIGH
0.0069 NZD
YEARLY LOW
0.0061 NZD
YEARLY AVERAGE
0.0065 NZD

2023 YER to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the YER to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 25, valuing the pair at 0.0069. Conversely, the yearly low was recorded on February 1, dropping to 0.0061.

This high-to-low spread represents a total annual volatility of 0.0008 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0062 to the December average rate of 0.0064, the exchange rate registered a net change of 2.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0069 was down 4.01% compared to the 2022 peak of 0.0072, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 34 NZD
2022 Average 32 NZD
Yearly Trough Low 31 NZD
Transaction Impact: A difference of 3.83 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0068
0.0062
JanuMarcMayJulySeptNove

YER 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 0.0064, compared to 0.0066 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0064
H2 Avg (Jul–Dec) 0.0066

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0004 NZD (High: 0.0065 / Low: 0.0061). On the other end, September was the most stable month, with a tight range of 0.0001 NZD (High: 0.0068 / Low: 0.0067).

February Spread (Volatile) ±0.0004
September Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between July and October, 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 0.0002 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0068) against the same month in 2022 (average: 0.0070), the exchange rate shifted by -0.0002 (-3.54%).

2023 Avg (October) 0.0068
2022 Avg (October) 0.0070

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0064 0.0061 0.0062
February 0.0065 0.0061 0.0064
March 0.0065 0.0064 0.0064
April 0.0065 0.0063 0.0064
May 0.0066 0.0063 0.0064
June 0.0066 0.0064 0.0065
July 0.0065 0.0062 0.0064
August 0.0068 0.0065 0.0067
September 0.0068 0.0067 0.0067
October 0.0069 0.0066 0.0068
November 0.0068 0.0065 0.0067
December 0.0065 0.0063 0.0064