YEARLY HIGH
11.1100 MVR
YEARLY LOW
8.6695 MVR
YEARLY AVERAGE
10.0351 MVR

2020 NZD to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NZD to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 11.1100. Conversely, the yearly low was recorded on March 22, dropping to 8.6695.

This high-to-low spread represents a total annual volatility of 2.4405 MVR. From a start-to-finish perspective, comparing the January average rate of 10.2187 to the December average rate of 10.9377, the exchange rate registered a net change of 7.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 11.1100 was up 3.55% compared to the 2019 peak of 10.7296, 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 55,550 MVR
2019 Average 50,901 MVR
Yearly Trough Low 43,348 MVR
Transaction Impact: A difference of 12,202.58 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

11.1048
9.0992
JanuMarcMayJulySeptNove

NZD to MVR 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 9.6794, compared to 10.3908 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7115 points.

H1 Avg (Jan–Jun) 9.6794
H2 Avg (Jul–Dec) 10.3908

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 1.1776 MVR (High: 9.8471 / Low: 8.6695). On the other end, October was the most stable month, with a tight range of 0.1974 MVR (High: 10.3195 / Low: 10.1221).

March Spread (Volatile) ±1.1776
October Spread (Stable) ±0.1974

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 0.5357 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.5357

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 10.9377) against the same month in 2019 (average: 10.1935), the exchange rate shifted by +0.7442 (+7.30%).

2020 Avg (December) 10.9377
2019 Avg (December) 10.1935

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.4065 9.9927 10.2187
February 10.0308 9.6919 9.8756
March 9.8471 8.6695 9.3399
April 9.4862 9.0139 9.2664
May 9.5844 9.1978 9.4198
June 10.1455 9.7362 9.9559
July 10.3108 9.9769 10.1473
August 10.3920 10.0579 10.1765
September 10.4290 10.0820 10.2709
October 10.3195 10.1221 10.2270
November 10.8340 10.1669 10.5857
December 11.1100 10.8448 10.9377