YEARLY HIGH
54.3399 INR
YEARLY LOW
50.5770 INR
YEARLY AVERAGE
52.2793 INR

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.

Transfer Payout Power Comparison

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

Yearly Peak High 271,699 INR
2020 Average 241,040 INR
Yearly Trough Low 252,885 INR
Transaction Impact: A difference of 18,814.19 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

53.2277
50.9813
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 52.5649
H2 Avg (Jul–Dec) 51.9936

Volatility Range Comparison

Volatility

The 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).

April Spread (Volatile) ±2.8774
July Spread (Stable) ±0.8792

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.0227

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2021 Avg (April) 53.0405
2020 Avg (April) 45.8074

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