YEARLY HIGH
9840.7661 IDR
YEARLY LOW
8789.9413 IDR
YEARLY AVERAGE
9318.8137 IDR

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.

Transfer Payout Power Comparison

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

Yearly Peak High 49,203,831 IDR
2018 Average 48,977,203 IDR
Yearly Trough Low 43,949,707 IDR
Transaction Impact: A difference of 5,254,123.97 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

9795.9540
8853.2746
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 9535.2791
H2 Avg (Jul–Dec) 9102.3484

Volatility Range Comparison

Volatility

The 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).

April Spread (Volatile) ±361.8539
May Spread (Stable) ±129.4851

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 3 Mo.
Sharpest MoM Drop -228.6102

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2019 Avg (March) 9717.3973
2018 Avg (March) 9979.7701

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