YEARLY HIGH
4.8060 CNY
YEARLY LOW
4.2795 CNY
YEARLY AVERAGE
4.5640 CNY

2021 NZD to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NZD to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 4.8060. Conversely, the yearly low was recorded on December 20, dropping to 4.2795.

This high-to-low spread represents a total annual volatility of 0.5265 CNY. From a start-to-finish perspective, comparing the January average rate of 4.6522 to the December average rate of 4.3224, the exchange rate registered a net change of -7.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 4.8060 was up 2.12% compared to the 2020 peak of 4.7061, 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 24,030 CNY
2020 Average 22,424 CNY
Yearly Trough Low 21,398 CNY
Transaction Impact: A difference of 2,632.45 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

4.7205
4.2862
JanuMarcMayJulySeptNove

NZD to CNY 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 4.6388, compared to 4.4891 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1497 points.

H1 Avg (Jan–Jun) 4.6388
H2 Avg (Jul–Dec) 4.4891

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.2546 CNY (High: 4.5975 / Low: 4.3429). On the other end, July was the most stable month, with a tight range of 0.0684 CNY (High: 4.5576 / Low: 4.4892).

November Spread (Volatile) ±0.2546
July Spread (Stable) ±0.0684

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.1553 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.1553

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 4.6843) against the same month in 2020 (average: 4.4711), the exchange rate shifted by +0.2132 (+4.77%).

2021 Avg (February) 4.6843
2020 Avg (February) 4.4711

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.7200 4.6055 4.6522
February 4.8060 4.6325 4.6843
March 4.7185 4.5470 4.6444
April 4.7102 4.5880 4.6456
May 4.6932 4.6082 4.6455
June 4.6283 4.4755 4.5611
July 4.5576 4.4892 4.5260
August 4.5624 4.4289 4.5194
September 4.6154 4.4456 4.5581
October 4.6023 4.4592 4.5308
November 4.5975 4.3429 4.4777
December 4.3553 4.2795 4.3224