YEARLY HIGH
28.5450 MUR
YEARLY LOW
21.9770 MUR
YEARLY AVERAGE
25.5171 MUR

2020 NZD to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NZD to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 28.5450. Conversely, the yearly low was recorded on March 22, dropping to 21.9770.

This high-to-low spread represents a total annual volatility of 6.5680 MUR. From a start-to-finish perspective, comparing the January average rate of 24.1908 to the December average rate of 28.1041, the exchange rate registered a net change of 16.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 28.5450 was up 16.27% compared to the 2019 peak of 24.5503, 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 142,725 MUR
2019 Average 117,194 MUR
Yearly Trough Low 109,885 MUR
Transaction Impact: A difference of 32,839.97 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

28.5930
22.7260
JanuMarcMayJulySeptNove

NZD to MUR 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 24.1844, compared to 26.8497 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.6653 points.

H1 Avg (Jan–Jun) 24.1844
H2 Avg (Jul–Dec) 26.8497

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 1.9544 MUR (High: 23.9314 / Low: 21.9770). On the other end, February was the most stable month, with a tight range of 0.6718 MUR (High: 24.1407 / Low: 23.4688).

March Spread (Volatile) ±1.9544
February Spread (Stable) ±0.6718

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.5703 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.5703

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 28.1041) against the same month in 2019 (average: 24.1257), the exchange rate shifted by +3.9783 (+16.49%).

2020 Avg (December) 28.1041
2019 Avg (December) 24.1257

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 24.5779 23.7742 24.1908
February 24.1407 23.4688 23.7853
March 23.9314 21.9770 23.2149
April 24.6253 23.2079 23.8410
May 24.9257 23.6409 24.3043
June 26.3323 25.2800 25.7703
July 26.8204 25.9351 26.3235
August 26.8057 25.9115 26.2341
September 26.9487 26.0719 26.5298
October 26.8851 26.1269 26.4809
November 28.0346 26.3640 27.4258
December 28.5450 27.8414 28.1041