YEARLY HIGH
20.2596 TWD
YEARLY LOW
16.9751 TWD
YEARLY AVERAGE
19.1375 TWD

2020 NZD to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NZD to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 20.2596. Conversely, the yearly low was recorded on March 22, dropping to 16.9751.

This high-to-low spread represents a total annual volatility of 3.2845 TWD. From a start-to-finish perspective, comparing the January average rate of 19.8443 to the December average rate of 20.0006, the exchange rate registered a net change of 0.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 20.2596 was down 4.95% compared to the 2019 peak of 21.3139, 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 101,298 TWD
2019 Average 101,793 TWD
Yearly Trough Low 84,875 TWD
Transaction Impact: A difference of 16,422.50 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

20.1934
17.8793
JanuMarcMayJulySeptNove

NZD to TWD 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 18.7888, compared to 19.4863 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6975 points.

H1 Avg (Jan–Jun) 18.7888
H2 Avg (Jul–Dec) 19.4863

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 2.0370 TWD (High: 19.0121 / Low: 16.9751). On the other end, October was the most stable month, with a tight range of 0.3978 TWD (High: 19.2107 / Low: 18.8129).

March Spread (Volatile) ±2.0370
October Spread (Stable) ±0.3978

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 1.0815 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -1.0815

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 20.0006) against the same month in 2019 (average: 19.9621), the exchange rate shifted by +0.0385 (+0.19%).

2020 Avg (December) 20.0006
2019 Avg (December) 19.9621

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 20.1488 19.5931 19.8443
February 19.6241 18.8332 19.2813
March 19.0121 16.9751 18.1998
April 18.3622 17.7147 18.0721
May 18.5854 17.7839 18.2264
June 19.4865 18.7853 19.1085
July 19.6152 19.0745 19.3847
August 19.7904 19.1256 19.3952
September 19.8422 19.1085 19.4720
October 19.2107 18.8129 19.0535
November 20.0637 18.8683 19.6119
December 20.2596 19.8286 20.0006