YEARLY HIGH
0.8939 NZD
YEARLY LOW
0.7871 NZD
YEARLY AVERAGE
0.8269 NZD

2024 BBD to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BBD to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.8939. Conversely, the yearly low was recorded on September 24, dropping to 0.7871.

This high-to-low spread represents a total annual volatility of 0.1068 NZD. From a start-to-finish perspective, comparing the January average rate of 0.8099 to the December average rate of 0.8716, the exchange rate registered a net change of 7.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.8939 was up 3.56% compared to the 2023 peak of 0.8632, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,470 NZD
2023 Average 4,073 NZD
Yearly Trough Low 3,936 NZD
Transaction Impact: A difference of 534.00 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.8784
0.7963
JanuMarcMayJulySeptNove

BBD 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 0.8213, compared to 0.8325 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0112 points.

H1 Avg (Jan–Jun) 0.8213
H2 Avg (Jul–Dec) 0.8325

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0474 NZD (High: 0.8939 / Low: 0.8466). On the other end, June was the most stable month, with a tight range of 0.0154 NZD (High: 0.8223 / Low: 0.8069).

December Spread (Volatile) ±0.0474
June Spread (Stable) ±0.0154

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 0.0187 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0187

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.8716) against the same month in 2023 (average: 0.8028), the exchange rate shifted by +0.0688 (+8.56%).

2024 Avg (December) 0.8716
2023 Avg (December) 0.8028

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8233 0.7919 0.8099
February 0.8261 0.8066 0.8159
March 0.8379 0.8091 0.8231
April 0.8507 0.8244 0.8399
May 0.8427 0.8129 0.8238
June 0.8223 0.8069 0.8152
July 0.8508 0.8142 0.8290
August 0.8424 0.7984 0.8218
September 0.8154 0.7871 0.8031
October 0.8376 0.7961 0.8230
November 0.8606 0.8303 0.8464
December 0.8939 0.8466 0.8716