2024 BAM to NZD Historical Review

YEARLY HIGH

0.9556 NZD

YEARLY LOW

0.8892 NZD

YEARLY AVERAGE

0.9148 NZD

2024 BAM to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BAM to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.9556. Conversely, the yearly low was recorded on June 12, dropping to 0.8892.

This high-to-low spread represents a total annual volatility of 0.0663 NZD. From a start-to-finish perspective, comparing the January average rate of 0.9039 to the December average rate of 0.9340, the exchange rate registered a net change of 3.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.9556 was up 1.53% compared to the 2023 peak of 0.9412, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,778 NZD

2023 Average 4,506 NZD

Yearly Trough Low 4,446 NZD

Transaction Impact: A difference of 331.73 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.9377

0.8935

JanuMarcMayJulySeptNove

BAM 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 0.9082, compared to 0.9215 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) 0.9082

H2 Avg (Jul–Dec) 0.9215

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0437 NZD (High: 0.9441 / Low: 0.9005). On the other end, May was the most stable month, with a tight range of 0.0173 NZD (High: 0.9195 / Low: 0.9023).

July Spread (Volatile) ±0.0437

May Spread (Stable) ±0.0173

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 May and June, when the average rate fell by 0.0131 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0131

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.9340) against the same month in 2023 (average: 0.8961), the exchange rate shifted by +0.0379 (+4.23%).

2024 Avg (December) 0.9340

2023 Avg (December) 0.8961

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9171	0.8939	0.9039
February	0.9176	0.8928	0.9010
March	0.9274	0.9019	0.9148
April	0.9329	0.9153	0.9218
May	0.9195	0.9023	0.9103
June	0.9116	0.8892	0.8972
July	0.9441	0.9005	0.9198
August	0.9414	0.9035	0.9250
September	0.9215	0.8954	0.9125
October	0.9286	0.9032	0.9171
November	0.9336	0.9089	0.9204
December	0.9556	0.9141	0.9340