2024 CVE to NZD Historical Review

YEARLY HIGH

0.0169 NZD

YEARLY LOW

0.0158 NZD

YEARLY AVERAGE

0.0162 NZD

2024 CVE to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CVE to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.0169. Conversely, the yearly low was recorded on June 14, dropping to 0.0158.

This high-to-low spread represents a total annual volatility of 0.0012 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0160 to the December average rate of 0.0166, the exchange rate registered a net change of 3.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0169 was up 1.62% compared to the 2023 peak of 0.0167, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 85 NZD

2023 Average 80 NZD

Yearly Trough Low 79 NZD

Transaction Impact: A difference of 5.97 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0166

0.0158

JanuMarcMayJulySeptNove

CVE 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 0.0161, compared to 0.0163 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0161

H2 Avg (Jul–Dec) 0.0163

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0008 NZD (High: 0.0167 / Low: 0.0160). On the other end, April was the most stable month, with a tight range of 0.0003 NZD (High: 0.0165 / Low: 0.0162).

July Spread (Volatile) ±0.0008

April Spread (Stable) ±0.0003

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 0.0002 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0166) against the same month in 2023 (average: 0.0159), the exchange rate shifted by +0.0007 (+4.36%).

2024 Avg (December) 0.0166

2023 Avg (December) 0.0159

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0162	0.0158	0.0160
February	0.0162	0.0158	0.0160
March	0.0164	0.0160	0.0162
April	0.0165	0.0162	0.0164
May	0.0163	0.0159	0.0161
June	0.0161	0.0158	0.0159
July	0.0167	0.0160	0.0163
August	0.0167	0.0160	0.0164
September	0.0163	0.0159	0.0162
October	0.0165	0.0160	0.0162
November	0.0166	0.0161	0.0163
December	0.0169	0.0162	0.0166