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