2021 MVR to NZD Historical Review

YEARLY HIGH

0.0965 NZD

YEARLY LOW

0.0872 NZD

YEARLY AVERAGE

0.0916 NZD

2021 MVR to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MVR to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.0965. Conversely, the yearly low was recorded on February 24, dropping to 0.0872.

This high-to-low spread represents a total annual volatility of 0.0092 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0903 to the December average rate of 0.0955, the exchange rate registered a net change of 5.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0965 was down 16.36% compared to the 2020 peak of 0.1153, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 482 NZD

2020 Average 499 NZD

Yearly Trough Low 436 NZD

Transaction Impact: A difference of 46.17 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0960

0.0890

JanuMarcMayJulySeptNove

MVR 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 0.0904, compared to 0.0928 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.0904

H2 Avg (Jul–Dec) 0.0928

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0049 NZD (High: 0.0951 / Low: 0.0902). On the other end, July was the most stable month, with a tight range of 0.0017 NZD (High: 0.0938 / Low: 0.0921).

November Spread (Volatile) ±0.0049

July Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

Between February and April, 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 April and May, when the average rate fell by 0.0011 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.0955) against the same month in 2020 (average: 0.0914), the exchange rate shifted by +0.0040 (+4.40%).

2021 Avg (December) 0.0955

2020 Avg (December) 0.0914

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0917	0.0888	0.0903
February	0.0907	0.0872	0.0896
March	0.0929	0.0890	0.0908
April	0.0922	0.0890	0.0909
May	0.0910	0.0887	0.0898
June	0.0933	0.0892	0.0912
July	0.0938	0.0921	0.0929
August	0.0949	0.0918	0.0928
September	0.0942	0.0905	0.0918
October	0.0938	0.0899	0.0918
November	0.0951	0.0902	0.0924
December	0.0965	0.0946	0.0955