YEARLY HIGH
0.0020 NZD
YEARLY LOW
0.0016 NZD
YEARLY AVERAGE
0.0018 NZD

2024 ARS to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ARS to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 22, valuing the pair at 0.0020. Conversely, the yearly low was recorded on September 30, dropping to 0.0016.

This high-to-low spread represents a total annual volatility of 0.0004 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0020 to the December average rate of 0.0017, the exchange rate registered a net change of -13.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0020 was down 77.67% compared to the 2023 peak of 0.0090, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10 NZD
2023 Average 31 NZD
Yearly Trough Low 8 NZD
Transaction Impact: A difference of 1.89 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0020
0.0016
JanuMarcMayJulySeptNove

ARS 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 0.0019, compared to 0.0017 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0019
H2 Avg (Jul–Dec) 0.0017

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0001 NZD (High: 0.0018 / Low: 0.0017). On the other end, June was the most stable month, with a tight range of 0.0000 NZD (High: 0.0018 / Low: 0.0018).

August Spread (Volatile) ±0.0001
June Spread (Stable) ±0.0000

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 0.0001 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0020) against the same month in 2023 (average: 0.0086), the exchange rate shifted by -0.0066 (-76.91%).

2024 Avg (January) 0.0020
2023 Avg (January) 0.0086

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0020 0.0020 0.0020
February 0.0020 0.0019 0.0020
March 0.0020 0.0019 0.0019
April 0.0020 0.0019 0.0019
May 0.0019 0.0018 0.0019
June 0.0018 0.0018 0.0018
July 0.0018 0.0018 0.0018
August 0.0018 0.0017 0.0017
September 0.0017 0.0016 0.0017
October 0.0017 0.0016 0.0017
November 0.0017 0.0017 0.0017
December 0.0017 0.0017 0.0017