2020 NZD to NPR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 NZD to NPR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the NZD to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 84.5918. Conversely, the yearly low was recorded on March 22, dropping to 67.3349.
This high-to-low spread represents a total annual volatility of 17.2569 NPR. From a start-to-finish perspective, comparing the January average rate of 75.3585 to the December average rate of 83.5956, the exchange rate registered a net change of 10.93% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 84.5918 was up 7.08% compared to the 2019 peak of 78.9972, 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 2020.
NZD to NPR 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 74.2097, compared to 79.9020 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.6924 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 7.7116 NPR (High: 75.0465 / Low: 67.3349). On the other end, December was the most stable month, with a tight range of 1.9560 NPR (High: 84.5918 / Low: 82.6358).
Growth Streaks & Declines
TrendsBetween 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 January and February, when the average rate fell by 2.2868 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 83.5956) against the same month in 2019 (average: 75.1687), the exchange rate shifted by +8.4269 (+11.21%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 77.3259 | 73.7165 | 75.3585 |
| February | 74.0387 | 72.0512 | 73.0717 |
| March | 75.0465 | 67.3349 | 71.8694 |
| April | 74.4169 | 70.9954 | 73.2049 |
| May | 75.1813 | 71.7772 | 73.6347 |
| June | 79.3288 | 75.8684 | 78.1188 |
| July | 80.0729 | 78.0669 | 78.9796 |
| August | 80.0171 | 77.4242 | 78.7918 |
| September | 79.6330 | 76.9374 | 78.3018 |
| October | 79.0273 | 77.0201 | 78.1087 |
| November | 83.3292 | 78.6868 | 81.6347 |
| December | 84.5918 | 82.6358 | 83.5956 |