YEARLY HIGH
0.0035 NZD
YEARLY LOW
0.0027 NZD
YEARLY AVERAGE
0.0030 NZD

2020 SYP to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SYP to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 22, valuing the pair at 0.0035. Conversely, the yearly low was recorded on December 30, dropping to 0.0027.

This high-to-low spread represents a total annual volatility of 0.0008 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0029 to the December average rate of 0.0027, the exchange rate registered a net change of -6.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0035 was up 10.97% compared to the 2019 peak of 0.0031, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 17 NZD
2019 Average 15 NZD
Yearly Trough Low 14 NZD
Transaction Impact: A difference of 3.77 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0033
0.0027
JanuMarcMayJulySeptNove

SYP 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 0.0031, compared to 0.0029 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0031
H2 Avg (Jul–Dec) 0.0029

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0004 NZD (High: 0.0035 / Low: 0.0031). On the other end, October was the most stable month, with a tight range of 0.0001 NZD (High: 0.0030 / Low: 0.0029).

March Spread (Volatile) ±0.0004
October Spread (Stable) ±0.0001

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 0.0002 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0032) against the same month in 2019 (average: 0.0028), the exchange rate shifted by +0.0004 (+13.25%).

2020 Avg (March) 0.0032
2019 Avg (March) 0.0028

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0030 0.0029 0.0029
February 0.0031 0.0030 0.0030
March 0.0035 0.0031 0.0032
April 0.0033 0.0032 0.0032
May 0.0033 0.0031 0.0032
June 0.0031 0.0030 0.0030
July 0.0030 0.0029 0.0030
August 0.0030 0.0029 0.0030
September 0.0030 0.0029 0.0029
October 0.0030 0.0029 0.0029
November 0.0030 0.0028 0.0028
December 0.0028 0.0027 0.0027