YEARLY HIGH
458.3773 CRC
YEARLY LOW
422.7850 CRC
YEARLY AVERAGE
439.3788 CRC

2021 NZD to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NZD to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 458.3773. Conversely, the yearly low was recorded on August 19, dropping to 422.7850.

This high-to-low spread represents a total annual volatility of 35.5923 CRC. From a start-to-finish perspective, comparing the January average rate of 439.8579 to the December average rate of 432.4947, the exchange rate registered a net change of -1.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 458.3773 was up 4.09% compared to the 2020 peak of 440.3767, 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 2,291,887 CRC
2020 Average 1,903,060 CRC
Yearly Trough Low 2,113,925 CRC
Transaction Impact: A difference of 177,961.50 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

449.8083
430.9207
JanuMarcMayJulySeptNove

NZD to CRC 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 440.2722, compared to 438.4854 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.7869 points.

H1 Avg (Jan–Jun) 440.2722
H2 Avg (Jul–Dec) 438.4854

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 29.8238 CRC (High: 458.3773 / Low: 428.5535). On the other end, July was the most stable month, with a tight range of 8.1823 CRC (High: 437.0645 / Low: 428.8821).

November Spread (Volatile) ±29.8238
July Spread (Stable) ±8.1823

Growth Streaks & Declines

Trends

Between August and November, 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 15.7396 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -15.7396

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 448.2344) against the same month in 2020 (average: 418.3188), the exchange rate shifted by +29.9156 (+7.15%).

2021 Avg (November) 448.2344
2020 Avg (November) 418.3188

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 446.3926 432.1807 439.8579
February 455.2508 438.0877 443.4780
March 447.1195 425.9947 436.2649
April 448.5201 430.0242 437.0244
May 450.1773 440.4002 445.5592
June 448.4222 428.3464 439.4490
July 437.0645 428.8821 433.1580
August 438.1172 422.7850 433.1431
September 446.3390 429.9126 440.8708
October 457.7117 432.2913 443.0113
November 458.3773 428.5535 448.2344
December 439.3167 423.8992 432.4947