YEARLY HIGH
265.7150 MRO
YEARLY LOW
0.6805 MRO
YEARLY AVERAGE
246.6468 MRO

2021 NZD to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NZD to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 265.7150. Conversely, the yearly low was recorded on December 28, dropping to 0.6805.

This high-to-low spread represents a total annual volatility of 265.0345 MRO. From a start-to-finish perspective, comparing the January average rate of 256.5106 to the December average rate of 171.7384, the exchange rate registered a net change of -33.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 265.7150 was up 3.17% compared to the 2020 peak of 257.5507, 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 1,328,575 MRO
2020 Average 1,161,251 MRO
Yearly Trough Low 3,402 MRO
Transaction Impact: A difference of 1,325,172.67 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

267.3636
163.0452
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 255.8987, compared to 237.3949 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 18.5038 points.

H1 Avg (Jan–Jun) 255.8987
H2 Avg (Jul–Dec) 237.3949

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 242.5649 MRO (High: 243.2454 / Low: 0.6805). On the other end, July was the most stable month, with a tight range of 4.5883 MRO (High: 251.7205 / Low: 247.1322).

December Spread (Volatile) ±242.5649
July Spread (Stable) ±4.5883

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 78.4325 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -78.4325

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 258.6704) against the same month in 2020 (average: 228.1657), the exchange rate shifted by +30.5046 (+13.37%).

2021 Avg (February) 258.6704
2020 Avg (February) 228.1657

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 260.7742 252.8176 256.5106
February 265.7150 255.5405 258.6704
March 260.3351 248.6605 254.6153
April 259.5388 250.3496 254.2390
May 260.4671 255.6547 257.9471
June 258.9113 247.5972 253.4100
July 251.7205 247.1322 249.4942
August 251.7240 243.4478 249.0496
September 255.3176 245.3121 252.0020
October 256.9649 246.9367 251.9144
November 256.2645 243.4630 250.1709
December 243.2454 0.6805 171.7384