YEARLY HIGH
0.1186 NZD
YEARLY LOW
0.0978 NZD
YEARLY AVERAGE
0.1097 NZD

2018 SZL to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the SZL to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 0.1186. Conversely, the yearly low was recorded on September 5, dropping to 0.0978.

This high-to-low spread represents a total annual volatility of 0.0209 NZD. From a start-to-finish perspective, comparing the January average rate of 0.1130 to the December average rate of 0.1032, the exchange rate registered a net change of -8.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.1186 was up 3.35% compared to the 2017 peak of 0.1148, 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 593 NZD
2017 Average 529 NZD
Yearly Trough Low 489 NZD
Transaction Impact: A difference of 104.26 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.1177
0.1015
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 0.1138, compared to 0.1056 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0082 points.

H1 Avg (Jan–Jun) 0.1138
H2 Avg (Jul–Dec) 0.1056

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.0092 NZD (High: 0.1070 / Low: 0.0978). On the other end, March was the most stable month, with a tight range of 0.0037 NZD (High: 0.1185 / Low: 0.1148).

September Spread (Volatile) ±0.0092
March Spread (Stable) ±0.0037

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 May and June, when the average rate fell by 0.0059 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0059

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 0.1156) against the same month in 2017 (average: 0.1049), the exchange rate shifted by +0.0107 (+10.19%).

2018 Avg (February) 0.1156
2017 Avg (February) 0.1049

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1154 0.1107 0.1130
February 0.1186 0.1131 0.1156
March 0.1185 0.1148 0.1164
April 0.1170 0.1123 0.1143
May 0.1177 0.1126 0.1147
June 0.1131 0.1053 0.1088
July 0.1122 0.1070 0.1098
August 0.1122 0.1032 0.1072
September 0.1070 0.0978 0.1028
October 0.1078 0.1037 0.1056
November 0.1069 0.1022 0.1047
December 0.1059 0.1012 0.1032