2019 NZD to IDR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 NZD to IDR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the NZD to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 22, valuing the pair at 9840.7661. Conversely, the yearly low was recorded on September 21, dropping to 8789.9413.
This high-to-low spread represents a total annual volatility of 1050.8248 IDR. From a start-to-finish perspective, comparing the January average rate of 9595.5584 to the December average rate of 9233.3024, the exchange rate registered a net change of -3.78% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 9840.7661 was down 3.20% compared to the 2018 peak of 10165.9663, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NZD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
NZD to IDR 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 9535.2791, compared to 9102.3484 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 432.9307 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was April, with a trading range of 361.8539 IDR (High: 9662.2420 / Low: 9300.3882). On the other end, May was the most stable month, with a tight range of 129.4851 IDR (High: 9488.5974 / Low: 9359.1123).
Growth Streaks & Declines
TrendsBetween September and December, 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 March and April, when the average rate fell by 228.6102 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2019: 9717.3973) against the same month in 2018 (average: 9979.7701), the exchange rate shifted by -262.3728 (-2.63%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 9682.0684 | 9515.5166 | 9595.5584 |
| February | 9710.6357 | 9409.2855 | 9588.1889 |
| March | 9840.7661 | 9574.2587 | 9717.3973 |
| April | 9662.2420 | 9300.3882 | 9488.7872 |
| May | 9488.5974 | 9359.1123 | 9426.2565 |
| June | 9511.2892 | 9285.2283 | 9395.4862 |
| July | 9481.9486 | 9268.5638 | 9368.5473 |
| August | 9306.3505 | 8949.9662 | 9148.0768 |
| September | 9065.6724 | 8789.9413 | 8931.8312 |
| October | 9039.4257 | 8847.7973 | 8943.6080 |
| November | 9062.5634 | 8869.7345 | 8988.7244 |
| December | 9376.3972 | 9054.1283 | 9233.3024 |