YEARLY HIGH
38.1454 GMD
YEARLY LOW
34.8806 GMD
YEARLY AVERAGE
36.4361 GMD

2021 NZD to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NZD to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 38.1454. Conversely, the yearly low was recorded on August 19, dropping to 34.8806.

This high-to-low spread represents a total annual volatility of 3.2648 GMD. From a start-to-finish perspective, comparing the January average rate of 37.1216 to the December average rate of 35.6420, the exchange rate registered a net change of -3.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 38.1454 was up 2.12% compared to the 2020 peak of 37.3521, 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 190,727 GMD
2020 Average 167,486 GMD
Yearly Trough Low 174,403 GMD
Transaction Impact: A difference of 16,324.13 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

37.4200
35.4803
JanuMarcMayJulySeptNove

NZD to GMD 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 36.7818, compared to 36.0903 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6916 points.

H1 Avg (Jan–Jun) 36.7818
H2 Avg (Jul–Dec) 36.0903

Volatility Range Comparison

Volatility

The most volatile month in 2021 was October, with a trading range of 1.7875 GMD (High: 37.4291 / Low: 35.6416). On the other end, July was the most stable month, with a tight range of 0.6920 GMD (High: 36.0659 / Low: 35.3738).

October Spread (Volatile) ±1.7875
July Spread (Stable) ±0.6920

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 0.9554 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.9554

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 37.2583) against the same month in 2020 (average: 32.6144), the exchange rate shifted by +4.6439 (+14.24%).

2021 Avg (February) 37.2583
2020 Avg (February) 32.6144

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 37.7648 36.6515 37.1216
February 38.1454 36.8995 37.2583
March 37.4299 35.6971 36.5874
April 37.1860 35.9328 36.4251
May 37.3555 36.6336 36.9955
June 37.0961 35.4751 36.3031
July 36.0659 35.3738 35.7433
August 36.0875 34.8806 35.6812
September 36.9945 35.3882 36.3012
October 37.4291 35.6416 36.5766
November 37.3271 35.7352 36.5974
December 36.0915 35.2393 35.6420