2024 GBP to NZD Historical Review

YEARLY HIGH

2.2377 NZD

YEARLY LOW

2.0157 NZD

YEARLY AVERAGE

2.1132 NZD

2024 GBP to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GBP to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 2.2377. Conversely, the yearly low was recorded on January 1, dropping to 2.0157.

This high-to-low spread represents a total annual volatility of 0.2220 NZD. From a start-to-finish perspective, comparing the January average rate of 2.0584 to the December average rate of 2.2022, the exchange rate registered a net change of 6.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.2377 was up 3.98% compared to the 2023 peak of 2.1520, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,188 NZD

2023 Average 10,133 NZD

Yearly Trough Low 10,078 NZD

Transaction Impact: A difference of 1,109.91 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.2165

2.0441

JanuMarcMayJulySeptNove

GBP 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 2.0777, compared to 2.1486 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0710 points.

H1 Avg (Jan–Jun) 2.0777

H2 Avg (Jul–Dec) 2.1486

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.1031 NZD (High: 2.1882 / Low: 2.0851). On the other end, June was the most stable month, with a tight range of 0.0236 NZD (High: 2.0848 / Low: 2.0612).

July Spread (Volatile) ±0.1031

June Spread (Stable) ±0.0236

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 0.0196 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0196

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 2.2022) against the same month in 2023 (average: 2.0336), the exchange rate shifted by +0.1685 (+8.29%).

2024 Avg (December) 2.2022

2023 Avg (December) 2.0336

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0921	2.0157	2.0584
February	2.0836	2.0440	2.0613
March	2.1160	2.0729	2.0918
April	2.1249	2.0857	2.1013
May	2.1128	2.0691	2.0817
June	2.0848	2.0612	2.0715
July	2.1882	2.0851	2.1337
August	2.1504	2.1016	2.1274
September	2.1353	2.1019	2.1234
October	2.1797	2.1119	2.1472
November	2.1914	2.1447	2.1580
December	2.2377	2.1505	2.2022