YEARLY HIGH
1.0517 NZD
YEARLY LOW
0.9260 NZD
YEARLY AVERAGE
0.9728 NZD

2024 AZN to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AZN to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 1.0517. Conversely, the yearly low was recorded on September 24, dropping to 0.9260.

This high-to-low spread represents a total annual volatility of 0.1256 NZD. From a start-to-finish perspective, comparing the January average rate of 0.9526 to the December average rate of 1.0254, the exchange rate registered a net change of 7.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.0517 was up 3.56% compared to the 2023 peak of 1.0156, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,258 NZD
2023 Average 4,792 NZD
Yearly Trough Low 4,630 NZD
Transaction Impact: A difference of 628.24 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.0334
0.9368
JanuMarcMayJulySeptNove

AZN 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 0.9661, compared to 0.9794 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0133 points.

H1 Avg (Jan–Jun) 0.9661
H2 Avg (Jul–Dec) 0.9794

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0557 NZD (High: 1.0517 / Low: 0.9959). On the other end, June was the most stable month, with a tight range of 0.0181 NZD (High: 0.9674 / Low: 0.9493).

December Spread (Volatile) ±0.0557
June Spread (Stable) ±0.0181

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 0.0220 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0220

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 1.0254) against the same month in 2023 (average: 0.9445), the exchange rate shifted by +0.0809 (+8.56%).

2024 Avg (December) 1.0254
2023 Avg (December) 0.9445

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9685 0.9316 0.9526
February 0.9719 0.9489 0.9599
March 0.9858 0.9519 0.9680
April 1.0008 0.9698 0.9879
May 0.9914 0.9563 0.9691
June 0.9674 0.9493 0.9590
July 1.0010 0.9579 0.9752
August 0.9910 0.9393 0.9668
September 0.9592 0.9260 0.9448
October 0.9854 0.9365 0.9683
November 1.0124 0.9769 0.9958
December 1.0517 0.9959 1.0254