YEARLY HIGH
0.0035 NZD
YEARLY LOW
0.0030 NZD
YEARLY AVERAGE
0.0032 NZD

2024 CRC to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CRC to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.0035. Conversely, the yearly low was recorded on September 24, dropping to 0.0030.

This high-to-low spread represents a total annual volatility of 0.0005 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0031 to the December average rate of 0.0034, the exchange rate registered a net change of 9.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0035 was up 8.85% compared to the 2023 peak of 0.0032, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 18 NZD
2023 Average 15 NZD
Yearly Trough Low 15 NZD
Transaction Impact: A difference of 2.53 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0035
0.0031
JanuMarcMayJulySeptNove

CRC 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 0.0032, compared to 0.0032 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0032
H2 Avg (Jul–Dec) 0.0032

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0002 NZD (High: 0.0032 / Low: 0.0030). On the other end, February was the most stable month, with a tight range of 0.0001 NZD (High: 0.0032 / Low: 0.0031).

August Spread (Volatile) ±0.0002
February Spread (Stable) ±0.0001

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 April and May, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0034) against the same month in 2023 (average: 0.0031), the exchange rate shifted by +0.0004 (+12.72%).

2024 Avg (December) 0.0034
2023 Avg (December) 0.0031

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0032 0.0030 0.0031
February 0.0032 0.0031 0.0032
March 0.0033 0.0032 0.0032
April 0.0034 0.0032 0.0033
May 0.0033 0.0031 0.0032
June 0.0031 0.0030 0.0031
July 0.0032 0.0031 0.0031
August 0.0032 0.0030 0.0031
September 0.0031 0.0030 0.0031
October 0.0033 0.0031 0.0032
November 0.0034 0.0033 0.0033
December 0.0035 0.0033 0.0034