2021 MRO to NZD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 MRO to NZD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the MRO to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 1.4695. Conversely, the yearly low was recorded on February 24, dropping to 0.0038.
This high-to-low spread represents a total annual volatility of 1.4658 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0039 to the December average rate of 0.4286, the exchange rate registered a net change of 10892.42% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 1.4695 was up 29414.67% compared to the 2020 peak of 0.0050, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MRO based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
MRO to NZD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0039, compared to 0.0748 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0708 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was December, with a trading range of 1.4654 NZD (High: 1.4695 / Low: 0.0041). On the other end, May was the most stable month, with a tight range of 0.0001 NZD (High: 0.0039 / Low: 0.0038).
Growth Streaks & Declines
TrendsBetween May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0001 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2021: 0.4286) against the same month in 2020 (average: 0.0039), the exchange rate shifted by +0.4246 (+10756.58%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.0040 | 0.0038 | 0.0039 |
| February | 0.0039 | 0.0038 | 0.0039 |
| March | 0.0040 | 0.0038 | 0.0039 |
| April | 0.0040 | 0.0039 | 0.0039 |
| May | 0.0039 | 0.0038 | 0.0039 |
| June | 0.0040 | 0.0039 | 0.0039 |
| July | 0.0040 | 0.0040 | 0.0040 |
| August | 0.0041 | 0.0040 | 0.0040 |
| September | 0.0041 | 0.0039 | 0.0040 |
| October | 0.0040 | 0.0039 | 0.0040 |
| November | 0.0041 | 0.0039 | 0.0040 |
| December | 1.4695 | 0.0041 | 0.4286 |