2021 NZD to INR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 NZD to INR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the NZD to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 21, valuing the pair at 54.3399. Conversely, the yearly low was recorded on March 25, dropping to 50.5770.
This high-to-low spread represents a total annual volatility of 3.7628 INR. From a start-to-finish perspective, comparing the January average rate of 52.5314 to the December average rate of 51.1685, the exchange rate registered a net change of -2.59% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 54.3399 was up 2.91% compared to the 2020 peak of 52.8012, 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 2021.
NZD to INR 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 52.5649, compared to 51.9936 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5713 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was April, with a trading range of 2.8774 INR (High: 54.3399 / Low: 51.4625). On the other end, July was the most stable month, with a tight range of 0.8792 INR (High: 52.4705 / Low: 51.5913).
Growth Streaks & Declines
TrendsBetween August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 1.0227 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2021: 53.0405) against the same month in 2020 (average: 45.8074), the exchange rate shifted by +7.2331 (+15.79%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 53.4277 | 51.7619 | 52.5314 |
| February | 53.8842 | 52.2436 | 52.7703 |
| March | 53.4364 | 50.5770 | 51.9116 |
| April | 54.3399 | 51.4625 | 53.0405 |
| May | 53.4728 | 52.2848 | 52.8843 |
| June | 52.8377 | 51.4226 | 52.2515 |
| July | 52.4705 | 51.5913 | 52.0793 |
| August | 52.2840 | 50.7481 | 51.7032 |
| September | 52.4004 | 51.0707 | 51.9500 |
| October | 53.8457 | 51.4505 | 52.8695 |
| November | 53.7152 | 50.9926 | 52.1913 |
| December | 51.7583 | 50.7729 | 51.1685 |