YEARLY HIGH
0.0028 NZD
YEARLY LOW
0.0006 NZD
YEARLY AVERAGE
0.0014 NZD

2021 SYP to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SYP to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.0028. Conversely, the yearly low was recorded on November 20, dropping to 0.0006.

This high-to-low spread represents a total annual volatility of 0.0022 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0027 to the December average rate of 0.0006, the exchange rate registered a net change of -78.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0028 was down 20.43% compared to the 2020 peak of 0.0035, 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 14 NZD
2020 Average 15 NZD
Yearly Trough Low 3 NZD
Transaction Impact: A difference of 10.91 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0029
0.0004
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 0.0018, compared to 0.0010 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0018
H2 Avg (Jul–Dec) 0.0010

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0016 NZD (High: 0.0027 / Low: 0.0011). On the other end, December was the most stable month, with a tight range of 0.0000 NZD (High: 0.0006 / Low: 0.0006).

March Spread (Volatile) ±0.0016
December Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between May and August, 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 March and April, when the average rate fell by 0.0011 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.0027) against the same month in 2020 (average: 0.0029), the exchange rate shifted by -0.0002 (-7.60%).

2021 Avg (January) 0.0027
2020 Avg (January) 0.0029

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0028 0.0027 0.0027
February 0.0027 0.0026 0.0027
March 0.0027 0.0011 0.0022
April 0.0011 0.0011 0.0011
May 0.0011 0.0011 0.0011
June 0.0011 0.0011 0.0011
July 0.0011 0.0011 0.0011
August 0.0012 0.0011 0.0011
September 0.0012 0.0011 0.0011
October 0.0011 0.0011 0.0011
November 0.0011 0.0006 0.0009
December 0.0006 0.0006 0.0006