2020 BGN to NZD Historical Review

YEARLY HIGH

0.9792 NZD

YEARLY LOW

0.8513 NZD

YEARLY AVERAGE

0.8979 NZD

2020 BGN to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BGN to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.9792. Conversely, the yearly low was recorded on January 1, dropping to 0.8513.

This high-to-low spread represents a total annual volatility of 0.1278 NZD. From a start-to-finish perspective, comparing the January average rate of 0.8586 to the December average rate of 0.8769, the exchange rate registered a net change of 2.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.9792 was up 8.72% compared to the 2019 peak of 0.9006, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,896 NZD

2019 Average 4,344 NZD

Yearly Trough Low 4,257 NZD

Transaction Impact: A difference of 639.13 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.9435

0.8509

JanuMarcMayJulySeptNove

BGN 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 0.9003, compared to 0.8956 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0047 points.

H1 Avg (Jan–Jun) 0.9003

H2 Avg (Jul–Dec) 0.8956

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0764 NZD (High: 0.9792 / Low: 0.9027). On the other end, December was the most stable month, with a tight range of 0.0127 NZD (High: 0.8819 / Low: 0.8691).

March Spread (Volatile) ±0.0764

December Spread (Stable) ±0.0127

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 October and November, when the average rate fell by 0.0251 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0251

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.9357) against the same month in 2019 (average: 0.8453), the exchange rate shifted by +0.0905 (+10.70%).

2020 Avg (March) 0.9357

2019 Avg (March) 0.8453

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8762	0.8513	0.8586
February	0.9029	0.8600	0.8737
March	0.9792	0.9027	0.9357
April	0.9445	0.9055	0.9248
May	0.9324	0.9024	0.9164
June	0.9063	0.8789	0.8925
July	0.9119	0.8784	0.8893
August	0.9276	0.9023	0.9159
September	0.9114	0.8949	0.9036
October	0.9204	0.8992	0.9065
November	0.9036	0.8694	0.8814
December	0.8819	0.8691	0.8769