2020 NZD to IDR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
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.
Comparing the value generated converting 5,000 NZD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
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 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |