2021 NZD to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
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.
Comparing the value generated converting 5,000 NZD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
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 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsNo 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |