YEARLY HIGH
1.9151 NZD
YEARLY LOW
1.6656 NZD
YEARLY AVERAGE
1.7568 NZD

2020 EUR to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the EUR to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 1.9151. Conversely, the yearly low was recorded on January 1, dropping to 1.6656.

This high-to-low spread represents a total annual volatility of 0.2494 NZD. From a start-to-finish perspective, comparing the January average rate of 1.6794 to the December average rate of 1.7154, the exchange rate registered a net change of 2.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.9151 was up 8.72% compared to the 2019 peak of 1.7615, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,575 NZD
2019 Average 8,499 NZD
Yearly Trough Low 8,328 NZD
Transaction Impact: A difference of 1,247.24 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.8486
1.6640
JanuMarcMayJulySeptNove

EUR 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 1.7618, compared to 1.7518 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0100 points.

H1 Avg (Jan–Jun) 1.7618
H2 Avg (Jul–Dec) 1.7518

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1473 NZD (High: 1.9151 / Low: 1.7678). On the other end, December was the most stable month, with a tight range of 0.0286 NZD (High: 1.7273 / Low: 1.6987).

March Spread (Volatile) ±0.1473
December Spread (Stable) ±0.0286

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 0.0499 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0499

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 1.8333) against the same month in 2019 (average: 1.6533), the exchange rate shifted by +0.1799 (+10.88%).

2020 Avg (March) 1.8333
2019 Avg (March) 1.6533

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.7166 1.6656 1.6794
February 1.7648 1.6819 1.7083
March 1.9151 1.7678 1.8333
April 1.8461 1.7716 1.8086
May 1.8290 1.7648 1.7956
June 1.7712 1.7214 1.7458
July 1.7764 1.7185 1.7395
August 1.8151 1.7660 1.7912
September 1.7830 1.7508 1.7680
October 1.7977 1.7584 1.7727
November 1.7646 1.7007 1.7243
December 1.7273 1.6987 1.7154