YEARLY HIGH
0.0098 NZD
YEARLY LOW
0.0080 NZD
YEARLY AVERAGE
0.0086 NZD

2024 LRD to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LRD to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.0098. Conversely, the yearly low was recorded on September 20, dropping to 0.0080.

This high-to-low spread represents a total annual volatility of 0.0018 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0086 to the December average rate of 0.0097, the exchange rate registered a net change of 12.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0098 was down 6.96% compared to the 2023 peak of 0.0106, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 49 NZD
2023 Average 47 NZD
Yearly Trough Low 40 NZD
Transaction Impact: A difference of 9.12 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0098
0.0081
JanuMarcMayJulySeptNove

LRD 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 0.0086, compared to 0.0087 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) 0.0086
H2 Avg (Jul–Dec) 0.0087

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0009 NZD (High: 0.0096 / Low: 0.0087). On the other end, June was the most stable month, with a tight range of 0.0001 NZD (High: 0.0085 / Low: 0.0083).

November Spread (Volatile) ±0.0009
June Spread (Stable) ±0.0001

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 April and May, 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: 0.0097) against the same month in 2023 (average: 0.0085), the exchange rate shifted by +0.0011 (+13.15%).

2024 Avg (December) 0.0097
2023 Avg (December) 0.0085

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0087 0.0084 0.0086
February 0.0087 0.0085 0.0086
March 0.0087 0.0084 0.0086
April 0.0090 0.0085 0.0087
May 0.0087 0.0084 0.0085
June 0.0085 0.0083 0.0084
July 0.0087 0.0084 0.0085
August 0.0086 0.0082 0.0084
September 0.0084 0.0080 0.0082
October 0.0087 0.0082 0.0085
November 0.0096 0.0087 0.0092
December 0.0098 0.0094 0.0097