YEARLY HIGH
0.7684 NZD
YEARLY LOW
0.7141 NZD
YEARLY AVERAGE
0.7351 NZD

2024 FJD to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FJD to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.7684. Conversely, the yearly low was recorded on February 22, dropping to 0.7141.

This high-to-low spread represents a total annual volatility of 0.0543 NZD. From a start-to-finish perspective, comparing the January average rate of 0.7252 to the December average rate of 0.7555, the exchange rate registered a net change of 4.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.7684 was up 2.06% compared to the 2023 peak of 0.7529, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,842 NZD
2023 Average 3,653 NZD
Yearly Trough Low 3,571 NZD
Transaction Impact: A difference of 271.45 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7585
0.7222
JanuMarcMayJulySeptNove

FJD 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 0.7298, compared to 0.7404 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0106 points.

H1 Avg (Jan–Jun) 0.7298
H2 Avg (Jul–Dec) 0.7404

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0283 NZD (High: 0.7526 / Low: 0.7243). On the other end, April was the most stable month, with a tight range of 0.0122 NZD (High: 0.7457 / Low: 0.7336).

July Spread (Volatile) ±0.0283
April Spread (Stable) ±0.0122

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 0.0109 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0109

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.7555) against the same month in 2023 (average: 0.7248), the exchange rate shifted by +0.0307 (+4.24%).

2024 Avg (December) 0.7555
2023 Avg (December) 0.7248

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7337 0.7147 0.7252
February 0.7335 0.7141 0.7255
March 0.7426 0.7243 0.7311
April 0.7457 0.7336 0.7412
May 0.7439 0.7197 0.7302
June 0.7336 0.7149 0.7252
July 0.7526 0.7243 0.7388
August 0.7464 0.7252 0.7367
September 0.7338 0.7195 0.7275
October 0.7445 0.7265 0.7369
November 0.7602 0.7338 0.7469
December 0.7684 0.7413 0.7555