YEARLY HIGH
257.5507 MRO
YEARLY LOW
200.8447 MRO
YEARLY AVERAGE
232.2256 MRO

2020 NZD to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NZD to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 257.5507. Conversely, the yearly low was recorded on March 22, dropping to 200.8447.

This high-to-low spread represents a total annual volatility of 56.7060 MRO. From a start-to-finish perspective, comparing the January average rate of 236.0500 to the December average rate of 253.3374, 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 257.5507 was up 4.29% compared to the 2019 peak of 246.9669, 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 1,287,753 MRO
2019 Average 1,176,621 MRO
Yearly Trough Low 1,004,223 MRO
Transaction Impact: A difference of 283,529.99 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

257.2175
210.6560
JanuMarcMayJulySeptNove

NZD to MRO 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 223.6762, compared to 240.7749 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 17.0987 points.

H1 Avg (Jan–Jun) 223.6762
H2 Avg (Jul–Dec) 240.7749

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 25.9574 MRO (High: 226.8020 / Low: 200.8447). On the other end, October was the most stable month, with a tight range of 4.5766 MRO (High: 239.2256 / Low: 234.6491).

March Spread (Volatile) ±25.9574
October Spread (Stable) ±4.5766

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 12.3353 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -12.3353

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 253.3374) against the same month in 2019 (average: 235.6465), the exchange rate shifted by +17.6908 (+7.51%).

2020 Avg (December) 253.3374
2019 Avg (December) 235.6465

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 240.4597 230.7504 236.0500
February 231.7787 223.0815 228.1657
March 226.8020 200.8447 215.8304
April 219.1962 208.9593 214.5362
May 221.4648 211.8469 217.3235
June 234.4295 224.2478 230.1514
July 239.0222 231.2828 235.1737
August 240.7458 233.0079 235.8040
September 241.6080 233.5680 238.0159
October 239.2256 234.6491 236.9928
November 251.1522 235.5340 245.3257
December 257.5507 250.5068 253.3374