2024 AWG to NZD Historical Review

YEARLY HIGH

0.9933 NZD

YEARLY LOW

0.8737 NZD

YEARLY AVERAGE

0.9183 NZD

2024 AWG to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AWG to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.9933. Conversely, the yearly low was recorded on September 29, dropping to 0.8737.

This high-to-low spread represents a total annual volatility of 0.1196 NZD. From a start-to-finish perspective, comparing the January average rate of 0.8992 to the December average rate of 0.9683, the exchange rate registered a net change of 7.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.9933 was up 3.70% compared to the 2023 peak of 0.9578, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,966 NZD

2023 Average 4,524 NZD

Yearly Trough Low 4,368 NZD

Transaction Impact: A difference of 597.91 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.9760

0.8842

JanuMarcMayJulySeptNove

AWG 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 0.9119, compared to 0.9246 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0127 points.

H1 Avg (Jan–Jun) 0.9119

H2 Avg (Jul–Dec) 0.9246

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0540 NZD (High: 0.9933 / Low: 0.9393). On the other end, June was the most stable month, with a tight range of 0.0178 NZD (High: 0.9137 / Low: 0.8959).

December Spread (Volatile) ±0.0540

June Spread (Stable) ±0.0178

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 August and September, when the average rate fell by 0.0209 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0209

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.9683) against the same month in 2023 (average: 0.8915), the exchange rate shifted by +0.0768 (+8.62%).

2024 Avg (December) 0.9683

2023 Avg (December) 0.8915

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9135	0.8798	0.8992
February	0.9179	0.8955	0.9061
March	0.9310	0.8978	0.9138
April	0.9446	0.9160	0.9328
May	0.9351	0.9019	0.9146
June	0.9137	0.8959	0.9051
July	0.9447	0.9034	0.9206
August	0.9353	0.8871	0.9128
September	0.9047	0.8737	0.8918
October	0.9307	0.8845	0.9141
November	0.9555	0.9213	0.9402
December	0.9933	0.9393	0.9683