YEARLY HIGH
0.0255 NZD
YEARLY LOW
0.0219 NZD
YEARLY AVERAGE
0.0235 NZD

2024 AFN to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AFN to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 14, valuing the pair at 0.0255. Conversely, the yearly low was recorded on February 3, dropping to 0.0219.

This high-to-low spread represents a total annual volatility of 0.0036 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0226 to the December average rate of 0.0251, the exchange rate registered a net change of 10.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0255 was up 5.15% compared to the 2023 peak of 0.0243, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 128 NZD
2023 Average 99 NZD
Yearly Trough Low 110 NZD
Transaction Impact: A difference of 18.00 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0254
0.0220
JanuMarcMayJulySeptNove

AFN 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 0.0229, compared to 0.0241 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0229
H2 Avg (Jul–Dec) 0.0241

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0020 NZD (High: 0.0254 / Low: 0.0233). On the other end, September was the most stable month, with a tight range of 0.0007 NZD (High: 0.0234 / Low: 0.0227).

October Spread (Volatile) ±0.0020
September Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between September and December, 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 April and May, when the average rate fell by 0.0004 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.0250) against the same month in 2023 (average: 0.0233), the exchange rate shifted by +0.0017 (+7.15%).

2024 Avg (November) 0.0250
2023 Avg (November) 0.0233

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0229 0.0220 0.0226
February 0.0227 0.0219 0.0223
March 0.0235 0.0223 0.0228
April 0.0238 0.0229 0.0234
May 0.0234 0.0226 0.0230
June 0.0234 0.0227 0.0231
July 0.0240 0.0229 0.0234
August 0.0240 0.0225 0.0232
September 0.0234 0.0227 0.0231
October 0.0254 0.0233 0.0245
November 0.0255 0.0244 0.0250
December 0.0254 0.0246 0.0251