YEARLY HIGH
31338.7578 IRR
YEARLY LOW
28359.2639 IRR
YEARLY AVERAGE
29818.9748 IRR

2021 NZD to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NZD to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 31338.7578. Conversely, the yearly low was recorded on December 20, dropping to 28359.2639.

This high-to-low spread represents a total annual volatility of 2979.4939 IRR. From a start-to-finish perspective, comparing the January average rate of 30255.7489 to the December average rate of 28676.7679, the exchange rate registered a net change of -5.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 31338.7578 was down 27.71% compared to the 2020 peak of 43353.4006, 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 156,693,789 IRR
2020 Average 137,186,062 IRR
Yearly Trough Low 141,796,319 IRR
Transaction Impact: A difference of 14,897,469.56 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

30690.9527
28493.6602
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 30182.3667, compared to 29455.5829 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 726.7838 points.

H1 Avg (Jan–Jun) 30182.3667
H2 Avg (Jul–Dec) 29455.5829

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 1494.3869 IRR (High: 30324.6522 / Low: 28830.2653). On the other end, July was the most stable month, with a tight range of 508.2623 IRR (High: 29688.2260 / Low: 29179.9637).

November Spread (Volatile) ±1494.3869
July Spread (Stable) ±508.2623

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 932.7533 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -932.7533

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 30507.8450) against the same month in 2020 (average: 26912.4019), the exchange rate shifted by +3595.4431 (+13.36%).

2021 Avg (February) 30507.8450
2020 Avg (February) 26912.4019

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 30756.0263 29817.6101 30255.7489
February 31338.7578 30138.7650 30507.8450
March 30704.2395 29327.3209 30031.2678
April 30610.3310 29526.5444 29985.2623
May 30719.8088 30152.2328 30423.4172
June 30536.3165 29201.9250 29890.6589
July 29688.2260 29179.9637 29447.2256
August 29753.8674 28740.6583 29420.0797
September 30178.6224 29007.1449 29790.1505
October 30396.1208 29186.2706 29789.7526
November 30324.6522 28830.2653 29609.5212
December 28924.5342 28359.2639 28676.7679