YEARLY HIGH
0.0893 AUD
YEARLY LOW
0.0792 AUD
YEARLY AVERAGE
0.0828 AUD

2024 NAD to AUD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NAD to AUD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.0893. Conversely, the yearly low was recorded on February 26, dropping to 0.0792.

This high-to-low spread represents a total annual volatility of 0.0101 AUD. From a start-to-finish perspective, comparing the January average rate of 0.0801 to the December average rate of 0.0868, the exchange rate registered a net change of 8.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0893 was up 1.82% compared to the 2023 peak of 0.0877, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 446 AUD
2023 Average 407 AUD
Yearly Trough Low 396 AUD
Transaction Impact: A difference of 50.62 AUD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0874
0.0795
JanuMarcMayJulySeptNove

NAD to AUD 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 0.0812, compared to 0.0844 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0032 points.

H1 Avg (Jan–Jun) 0.0812
H2 Avg (Jul–Dec) 0.0844

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0051 AUD (High: 0.0843 / Low: 0.0792). On the other end, March was the most stable month, with a tight range of 0.0017 AUD (High: 0.0817 / Low: 0.0801).

June Spread (Volatile) ±0.0051
March Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0003 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0868) against the same month in 2023 (average: 0.0799), the exchange rate shifted by +0.0069 (+8.66%).

2024 Avg (December) 0.0868
2023 Avg (December) 0.0799

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0818 0.0793 0.0801
February 0.0825 0.0792 0.0808
March 0.0817 0.0801 0.0809
April 0.0831 0.0799 0.0814
May 0.0831 0.0811 0.0821
June 0.0843 0.0792 0.0817
July 0.0838 0.0807 0.0822
August 0.0851 0.0824 0.0833
September 0.0847 0.0823 0.0838
October 0.0863 0.0834 0.0849
November 0.0867 0.0845 0.0854
December 0.0893 0.0850 0.0868