2020 NZD to BGN Historical Review

YEARLY HIGH

1.1746 BGN

YEARLY LOW

1.0213 BGN

YEARLY AVERAGE

1.1144 BGN

2020 NZD to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NZD to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 1.1746. Conversely, the yearly low was recorded on March 18, dropping to 1.0213.

This high-to-low spread represents a total annual volatility of 0.1533 BGN. From a start-to-finish perspective, comparing the January average rate of 1.1647 to the December average rate of 1.1404, the exchange rate registered a net change of -2.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.1746 was down 1.96% compared to the 2019 peak of 1.1981, 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 5,873 BGN

2019 Average 5,757 BGN

Yearly Trough Low 5,106 BGN

Transaction Impact: A difference of 766.72 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.1743

1.0596

JanuMarcMayJulySeptNove

NZD to BGN 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 1.1120, compared to 1.1169 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0049 points.

H1 Avg (Jan–Jun) 1.1120

H2 Avg (Jul–Dec) 1.1169

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0865 BGN (High: 1.1078 / Low: 1.0213). On the other end, December was the most stable month, with a tight range of 0.0166 BGN (High: 1.1506 / Low: 1.1339).

March Spread (Volatile) ±0.0865

December Spread (Stable) ±0.0166

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0756 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0756

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 1.1647) against the same month in 2019 (average: 1.1617), the exchange rate shifted by +0.0031 (+0.26%).

2020 Avg (January) 1.1647

2019 Avg (January) 1.1617

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1746	1.1412	1.1647
February	1.1628	1.1075	1.1447
March	1.1078	1.0213	1.0692
April	1.1043	1.0587	1.0815
May	1.1082	1.0725	1.0913
June	1.1378	1.1034	1.1204
July	1.1384	1.0966	1.1245
August	1.1082	1.0781	1.0919
September	1.1174	1.0972	1.1068
October	1.1121	1.0864	1.1032
November	1.1503	1.1067	1.1347
December	1.1506	1.1339	1.1404