YEARLY HIGH
370.0047 SYP
YEARLY LOW
289.2976 SYP
YEARLY AVERAGE
333.8538 SYP

2020 NZD to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NZD to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 370.0047. Conversely, the yearly low was recorded on March 22, dropping to 289.2976.

This high-to-low spread represents a total annual volatility of 80.7071 SYP. From a start-to-finish perspective, comparing the January average rate of 340.5048 to the December average rate of 363.9495, the exchange rate registered a net change of 6.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 370.0047 was up 3.86% compared to the 2019 peak of 356.2665, 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 1,850,023 SYP
2019 Average 1,697,574 SYP
Yearly Trough Low 1,446,488 SYP
Transaction Impact: A difference of 403,535.62 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

369.4875
303.0305
JanuMarcMayJulySeptNove

NZD to SYP 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 322.1360, compared to 345.5717 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 23.4356 points.

H1 Avg (Jan–Jun) 322.1360
H2 Avg (Jul–Dec) 345.5717

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 37.8243 SYP (High: 327.1218 / Low: 289.2976). On the other end, October was the most stable month, with a tight range of 6.9883 SYP (High: 343.4324 / Low: 336.4440).

March Spread (Volatile) ±37.8243
October Spread (Stable) ±6.9883

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 17.9389 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -17.9389

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 363.9495) against the same month in 2019 (average: 339.9374), the exchange rate shifted by +24.0120 (+7.06%).

2020 Avg (December) 363.9495
2019 Avg (December) 339.9374

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 346.9020 332.8781 340.5048
February 334.3323 321.8431 329.1525
March 327.1218 289.2976 311.2136
April 315.0040 301.1621 308.5686
May 318.6648 304.3725 312.4694
June 336.7664 322.3171 330.9074
July 342.7166 332.3299 337.8503
August 344.9354 333.8322 338.0603
September 346.0843 334.8243 341.0398
October 343.4324 336.4440 340.1253
November 360.8328 338.2347 352.4047
December 370.0047 359.8842 363.9495