YEARLY HIGH
43353.4006 IRR
YEARLY LOW
23686.0456 IRR
YEARLY AVERAGE
27433.6116 IRR

2020 NZD to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NZD to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 7, valuing the pair at 43353.4006. Conversely, the yearly low was recorded on March 22, dropping to 23686.0456.

This high-to-low spread represents a total annual volatility of 19667.3550 IRR. From a start-to-finish perspective, comparing the January average rate of 27840.7255 to the December average rate of 29879.5601, the exchange rate registered a net change of 7.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 43353.4006 was up 48.12% compared to the 2019 peak of 29268.4562, 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 216,767,003 IRR
2019 Average 138,937,991 IRR
Yearly Trough Low 118,430,228 IRR
Transaction Impact: A difference of 98,336,775.05 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

30337.2592
24844.8702
JanuMarcMayJulySeptNove

NZD to IRR 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 26384.1812, compared to 28483.0419 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2098.8607 points.

H1 Avg (Jan–Jun) 26384.1812
H2 Avg (Jul–Dec) 28483.0419

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 16046.4715 IRR (High: 43353.4006 / Low: 27306.9291). On the other end, October was the most stable month, with a tight range of 539.7669 IRR (High: 28214.5526 / Low: 27674.7856).

July Spread (Volatile) ±16046.4715
October Spread (Stable) ±539.7669

Growth Streaks & Declines

Trends

Between April and July, 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 February and March, when the average rate fell by 1449.0783 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1449.0783

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2020: 28248.9005) against the same month in 2019 (average: 28111.3015), the exchange rate shifted by +137.5990 (+0.49%).

2020 Avg (July) 28248.9005
2019 Avg (July) 28111.3015

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 28360.1050 27238.0920 27840.7255
February 27336.2584 26308.2231 26912.4019
March 26766.9753 23686.0456 25463.3235
April 25852.2556 24644.9010 25302.5693
May 26119.8243 24985.4763 25637.6871
June 27648.8890 26448.0471 27148.3800
July 43353.4006 27306.9291 28248.9005
August 28386.8112 27481.2239 27810.5398
September 28495.5333 27547.2812 28071.7998
October 28214.5526 27674.7856 27951.2145
November 29621.1823 27779.1523 28936.2365
December 30375.8292 29545.0670 29879.5601