YEARLY HIGH
0.1148 NZD
YEARLY LOW
0.1000 NZD
YEARLY AVERAGE
0.1058 NZD

2017 SZL to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the SZL to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.1148. Conversely, the yearly low was recorded on November 13, dropping to 0.1000.

This high-to-low spread represents a total annual volatility of 0.0147 NZD. From a start-to-finish perspective, comparing the January average rate of 0.1037 to the December average rate of 0.1093, the exchange rate registered a net change of 5.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.1148 was up 8.92% compared to the 2016 peak of 0.1054, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 574 NZD
2016 Average 489 NZD
Yearly Trough Low 500 NZD
Transaction Impact: A difference of 73.60 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1114
0.1022
JanuMarcMayJulySeptNove

SZL 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 0.1070, compared to 0.1046 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.1070
H2 Avg (Jul–Dec) 0.1046

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 0.0095 NZD (High: 0.1148 / Low: 0.1052). On the other end, October was the most stable month, with a tight range of 0.0040 NZD (High: 0.1059 / Low: 0.1019).

December Spread (Volatile) ±0.0095
October Spread (Stable) ±0.0040

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0042 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0042

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 0.1093) against the same month in 2016 (average: 0.1026), the exchange rate shifted by +0.0067 (+6.57%).

2017 Avg (December) 0.1093
2016 Avg (December) 0.1026

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1060 0.1009 0.1037
February 0.1074 0.1019 0.1049
March 0.1140 0.1065 0.1106
April 0.1106 0.1030 0.1065
May 0.1105 0.1060 0.1087
June 0.1102 0.1045 0.1075
July 0.1061 0.1019 0.1033
August 0.1073 0.1004 0.1034
September 0.1080 0.1021 0.1050
October 0.1059 0.1019 0.1037
November 0.1068 0.1000 0.1029
December 0.1148 0.1052 0.1093