2024 BGN to NZD Historical Review

YEARLY HIGH

0.9488 NZD

YEARLY LOW

0.8907 NZD

YEARLY AVERAGE

0.9147 NZD

2024 BGN to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BGN to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.9488. Conversely, the yearly low was recorded on June 14, dropping to 0.8907.

This high-to-low spread represents a total annual volatility of 0.0581 NZD. From a start-to-finish perspective, comparing the January average rate of 0.9034 to the December average rate of 0.9334, the exchange rate registered a net change of 3.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.9488 was up 0.89% compared to the 2023 peak of 0.9404, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,744 NZD

2023 Average 4,506 NZD

Yearly Trough Low 4,454 NZD

Transaction Impact: A difference of 290.27 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.9370

0.8935

JanuMarcMayJulySeptNove

BGN 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 0.9080, compared to 0.9214 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0135 points.

H1 Avg (Jan–Jun) 0.9080

H2 Avg (Jul–Dec) 0.9214

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0422 NZD (High: 0.9435 / Low: 0.9013). On the other end, June was the most stable month, with a tight range of 0.0148 NZD (High: 0.9055 / Low: 0.8907).

July Spread (Volatile) ±0.0422

June Spread (Stable) ±0.0148

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 August and September, when the average rate fell by 0.0140 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0140

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.9334) against the same month in 2023 (average: 0.8964), the exchange rate shifted by +0.0370 (+4.13%).

2024 Avg (December) 0.9334

2023 Avg (December) 0.8964

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9162	0.8932	0.9034
February	0.9105	0.8922	0.9006
March	0.9270	0.9050	0.9149
April	0.9294	0.9140	0.9210
May	0.9196	0.9016	0.9108
June	0.9055	0.8907	0.8971
July	0.9435	0.9013	0.9199
August	0.9414	0.9045	0.9262
September	0.9209	0.8982	0.9123
October	0.9321	0.9011	0.9170
November	0.9331	0.9090	0.9198
December	0.9488	0.9124	0.9334