YEARLY HIGH
0.4878 NZD
YEARLY LOW
0.3807 NZD
YEARLY AVERAGE
0.4233 NZD

2020 QAR to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the QAR to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 22, valuing the pair at 0.4878. Conversely, the yearly low was recorded on December 30, dropping to 0.3807.

This high-to-low spread represents a total annual volatility of 0.1071 NZD. From a start-to-finish perspective, comparing the January average rate of 0.4154 to the December average rate of 0.3870, the exchange rate registered a net change of -6.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.4878 was up 10.55% compared to the 2019 peak of 0.4412, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 QAR based on timing:

Yearly Peak High 2,439 NZD
2019 Average 2,085 NZD
Yearly Trough Low 1,903 NZD
Transaction Impact: A difference of 535.67 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.4641
0.3800
JanuMarcMayJulySeptNove

QAR to NZD 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 0.4391, compared to 0.4075 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0315 points.

H1 Avg (Jan–Jun) 0.4391
H2 Avg (Jul–Dec) 0.4075

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0555 NZD (High: 0.4878 / Low: 0.4323). On the other end, October was the most stable month, with a tight range of 0.0083 NZD (High: 0.4182 / Low: 0.4099).

March Spread (Volatile) ±0.0555
October Spread (Stable) ±0.0083

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0251 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0251

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.4550) against the same month in 2019 (average: 0.4019), the exchange rate shifted by +0.0531 (+13.21%).

2020 Avg (March) 0.4550
2019 Avg (March) 0.4019

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4249 0.4078 0.4154
February 0.4395 0.4230 0.4298
March 0.4878 0.4323 0.4550
April 0.4688 0.4473 0.4571
May 0.4628 0.4426 0.4511
June 0.4372 0.4182 0.4260
July 0.4239 0.4102 0.4170
August 0.4207 0.4072 0.4158
September 0.4198 0.4059 0.4120
October 0.4182 0.4099 0.4137
November 0.4163 0.3904 0.3998
December 0.3914 0.3807 0.3870