YEARLY HIGH
10113.9712 IDR
YEARLY LOW
8650.0592 IDR
YEARLY AVERAGE
9447.2037 IDR

2020 NZD to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NZD to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 10113.9712. Conversely, the yearly low was recorded on March 1, dropping to 8650.0592.

This high-to-low spread represents a total annual volatility of 1463.9120 IDR. From a start-to-finish perspective, comparing the January average rate of 9072.2928 to the December average rate of 10016.4469, the exchange rate registered a net change of 10.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 10113.9712 was up 2.78% compared to the 2019 peak of 9840.7661, 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 50,569,856 IDR
2019 Average 46,589,443 IDR
Yearly Trough Low 43,250,296 IDR
Transaction Impact: A difference of 7,319,560.09 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

10139.4042
8663.9167
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 9112.5210, compared to 9781.8865 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 669.3655 points.

H1 Avg (Jan–Jun) 9112.5210
H2 Avg (Jul–Dec) 9781.8865

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 1095.3630 IDR (High: 9745.4222 / Low: 8650.0592). On the other end, December was the most stable month, with a tight range of 220.4029 IDR (High: 10113.9712 / Low: 9893.5683).

March Spread (Volatile) ±1095.3630
December Spread (Stable) ±220.4029

Growth Streaks & Declines

Trends

Between May and September, 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 April and May, when the average rate fell by 428.2606 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -428.2606

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 10016.4469) against the same month in 2019 (average: 9233.3024), the exchange rate shifted by +783.1445 (+8.48%).

2020 Avg (December) 10016.4469
2019 Avg (December) 9233.3024

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9358.1497 8650.4088 9072.2928
February 8906.9262 8679.8613 8786.8740
March 9745.4222 8650.0592 9158.5189
April 9751.8948 9184.7647 9465.1281
May 9268.7576 8798.9936 9036.8675
June 9423.2938 8961.1536 9155.4447
July 9756.6584 9235.5188 9568.1073
August 9851.6811 9588.4702 9701.7942
September 10032.6442 9704.7176 9886.0232
October 9860.8918 9572.1716 9760.7949
November 9900.9491 9595.0479 9758.1523
December 10113.9712 9893.5683 10016.4469