2024 MXN to NZD Historical Review

YEARLY HIGH

0.1016 NZD

YEARLY LOW

0.0800 NZD

YEARLY AVERAGE

0.0907 NZD

2024 MXN to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MXN to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 10, valuing the pair at 0.1016. Conversely, the yearly low was recorded on September 28, dropping to 0.0800.

This high-to-low spread represents a total annual volatility of 0.0216 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0950 to the December average rate of 0.0861, the exchange rate registered a net change of -9.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1016 was up 0.51% compared to the 2023 peak of 0.1011, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 5,082 NZD

2023 Average 4,602 NZD

Yearly Trough Low 4,001 NZD

Transaction Impact: A difference of 1,081.54 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1017

0.0802

JanuMarcMayJulySeptNove

MXN 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 0.0961, compared to 0.0854 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0106 points.

H1 Avg (Jan–Jun) 0.0961

H2 Avg (Jul–Dec) 0.0854

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0097 NZD (High: 0.0958 / Low: 0.0862). On the other end, February was the most stable month, with a tight range of 0.0022 NZD (High: 0.0965 / Low: 0.0942).

June Spread (Volatile) ±0.0097

February Spread (Stable) ±0.0022

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 May and June, when the average rate fell by 0.0084 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0084

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0999) against the same month in 2023 (average: 0.0891), the exchange rate shifted by +0.0108 (+12.12%).

2024 Avg (April) 0.0999

2023 Avg (April) 0.0891

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0958	0.0933	0.0950
February	0.0965	0.0942	0.0955
March	0.1012	0.0959	0.0982
April	0.1016	0.0976	0.0999
May	0.0992	0.0955	0.0981
June	0.0958	0.0862	0.0897
July	0.0933	0.0897	0.0916
August	0.0897	0.0804	0.0859
September	0.0847	0.0800	0.0820
October	0.0849	0.0811	0.0837
November	0.0845	0.0820	0.0833
December	0.0882	0.0831	0.0861