YEARLY HIGH
10512.4186 IDR
YEARLY LOW
9642.9372 IDR
YEARLY AVERAGE
10118.8235 IDR

2021 NZD to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NZD to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 10512.4186. Conversely, the yearly low was recorded on December 14, dropping to 9642.9372.

This high-to-low spread represents a total annual volatility of 869.4814 IDR. From a start-to-finish perspective, comparing the January average rate of 10102.4884 to the December average rate of 9719.6940, the exchange rate registered a net change of -3.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 10512.4186 was up 3.94% compared to the 2020 peak of 10113.9712, 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 52,562,093 IDR
2020 Average 47,247,559 IDR
Yearly Trough Low 48,214,686 IDR
Transaction Impact: A difference of 4,347,406.86 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

10418.8244
9656.1367
JanuMarcMayJulySeptNove

NZD to IDR 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 10240.4207, compared to 9997.2264 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 243.1944 points.

H1 Avg (Jan–Jun) 10240.4207
H2 Avg (Jul–Dec) 9997.2264

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 516.3370 IDR (High: 10286.6203 / Low: 9770.2832). On the other end, July was the most stable month, with a tight range of 144.0466 IDR (High: 10209.2567 / Low: 10065.2101).

November Spread (Volatile) ±516.3370
July Spread (Stable) ±144.0466

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 November and December, when the average rate fell by 292.0163 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -292.0163

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 10355.2671) against the same month in 2020 (average: 9465.1281), the exchange rate shifted by +890.1390 (+9.40%).

2021 Avg (April) 10355.2671
2020 Avg (April) 9465.1281

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10240.3507 10000.2569 10102.4884
February 10478.6077 10034.3207 10185.1886
March 10463.3818 10069.3255 10264.9349
April 10512.4186 10188.0772 10355.2671
May 10451.2626 10276.7752 10342.5897
June 10335.8233 9988.0521 10192.0556
July 10209.2567 10065.2101 10136.3892
August 10130.5172 9849.7748 10035.4080
September 10196.3641 9853.0669 10065.7572
October 10215.3268 9843.1689 10014.3995
November 10286.6203 9770.2832 10011.7103
December 9803.9547 9642.9372 9719.6940