YEARLY HIGH
0.4045 NZD
YEARLY LOW
0.3433 NZD
YEARLY AVERAGE
0.3667 NZD

2020 MYR to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MYR to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 22, valuing the pair at 0.4045. Conversely, the yearly low was recorded on December 31, dropping to 0.3433.

This high-to-low spread represents a total annual volatility of 0.0612 NZD. From a start-to-finish perspective, comparing the January average rate of 0.3709 to the December average rate of 0.3474, the exchange rate registered a net change of -6.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.4045 was up 5.69% compared to the 2019 peak of 0.3827, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 MYR based on timing:

Yearly Peak High 8,090 NZD
2019 Average 7,330 NZD
Yearly Trough Low 6,866 NZD
Transaction Impact: A difference of 1,223.18 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.3893
0.3436
JanuMarcMayJulySeptNove

MYR 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 0.3761, compared to 0.3572 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0189 points.

H1 Avg (Jan–Jun) 0.3761
H2 Avg (Jul–Dec) 0.3572

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0303 NZD (High: 0.4045 / Low: 0.3741). On the other end, February was the most stable month, with a tight range of 0.0067 NZD (High: 0.3798 / Low: 0.3731).

March Spread (Volatile) ±0.0303
February Spread (Stable) ±0.0067

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 0.0157 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0157

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.3855) against the same month in 2019 (average: 0.3587), the exchange rate shifted by +0.0267 (+7.45%).

2020 Avg (March) 0.3855
2019 Avg (March) 0.3587

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3777 0.3630 0.3709
February 0.3798 0.3731 0.3763
March 0.4045 0.3741 0.3855
April 0.3920 0.3755 0.3826
May 0.3872 0.3698 0.3787
June 0.3690 0.3568 0.3630
July 0.3601 0.3516 0.3559
August 0.3669 0.3555 0.3615
September 0.3679 0.3563 0.3615
October 0.3662 0.3585 0.3628
November 0.3649 0.3493 0.3541
December 0.3507 0.3433 0.3474