YEARLY HIGH
2.7100 QAR
YEARLY LOW
2.4439 QAR
YEARLY AVERAGE
2.5777 QAR

2021 NZD to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NZD to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 2.7100. Conversely, the yearly low was recorded on December 20, dropping to 2.4439.

This high-to-low spread represents a total annual volatility of 0.2661 QAR. From a start-to-finish perspective, comparing the January average rate of 2.6171 to the December average rate of 2.4707, the exchange rate registered a net change of -5.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.7100 was up 3.16% compared to the 2020 peak of 2.6269, 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 13,550 QAR
2020 Average 11,844 QAR
Yearly Trough Low 12,220 QAR
Transaction Impact: A difference of 1,330.33 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.6549
2.4539
JanuMarcMayJulySeptNove

NZD to QAR 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 2.6104, compared to 2.5449 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0654 points.

H1 Avg (Jan–Jun) 2.6104
H2 Avg (Jul–Dec) 2.5449

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 0.1474 QAR (High: 2.6356 / Low: 2.4882). On the other end, May was the most stable month, with a tight range of 0.0451 QAR (High: 2.6525 / Low: 2.6074).

September Spread (Volatile) ±0.1474
May Spread (Stable) ±0.0451

Growth Streaks & Declines

Trends

Between July and September, 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 0.0814 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0814

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 2.6382) against the same month in 2020 (average: 2.3270), the exchange rate shifted by +0.3111 (+13.37%).

2021 Avg (February) 2.6382
2020 Avg (February) 2.3270

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.6596 2.5786 2.6171
February 2.7100 2.6060 2.6382
March 2.6551 2.5361 2.5975
April 2.6470 2.5552 2.5926
May 2.6525 2.6074 2.6313
June 2.6406 2.5252 2.5855
July 2.6097 2.5205 2.5482
August 2.6009 2.4897 2.5519
September 2.6356 2.4882 2.5768
October 2.6208 2.5185 2.5699
November 2.6136 2.4831 2.5521
December 2.4912 2.4439 2.4707