YEARLY HIGH
1451.6081 BIF
YEARLY LOW
1341.2533 BIF
YEARLY AVERAGE
1396.3677 BIF

2021 NZD to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NZD to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 1451.6081. Conversely, the yearly low was recorded on December 20, dropping to 1341.2533.

This high-to-low spread represents a total annual volatility of 110.3548 BIF. From a start-to-finish perspective, comparing the January average rate of 1398.7514 to the December average rate of 1355.4988, the exchange rate registered a net change of -3.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1451.6081 was up 3.61% compared to the 2020 peak of 1401.0030, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,258,041 BIF
2020 Average 6,229,603 BIF
Yearly Trough Low 6,706,267 BIF
Transaction Impact: A difference of 551,774.01 BIF purely based on transaction execution date.

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1429.5272
1348.7689
JanuMarcMayJulySeptNove

NZD to BIF 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 1404.2216, compared to 1388.5139 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 15.7077 points.

H1 Avg (Jan–Jun) 1404.2216
H2 Avg (Jul–Dec) 1388.5139

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 69.8079 BIF (High: 1429.4760 / Low: 1359.6680). On the other end, July was the most stable month, with a tight range of 24.1648 BIF (High: 1395.9522 / Low: 1371.7875).

November Spread (Volatile) Âą69.8079
July Spread (Stable) Âą24.1648

Growth Streaks & Declines

Trends

Between August and October, 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 November and December, when the average rate fell by 41.4003 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -41.4003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 1413.3992) against the same month in 2020 (average: 1206.6810), the exchange rate shifted by +206.7183 (+17.13%).

2021 Avg (February) 1413.3992
2020 Avg (February) 1206.6810

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Month High Low Average
January 1418.5060 1375.2326 1398.7514
February 1451.6081 1391.2848 1413.3992
March 1423.5652 1361.9242 1394.4776
April 1421.4726 1366.2353 1391.4484
May 1438.8574 1398.8019 1422.7973
June 1432.8996 1374.6162 1404.4554
July 1395.9522 1371.7875 1385.0091
August 1398.6277 1352.4059 1383.9725
September 1419.3532 1368.0568 1403.7557
October 1435.0411 1372.8544 1405.9479
November 1429.4760 1359.6680 1396.8991
December 1370.7937 1341.2533 1355.4988