2024 NZD to ALL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 NZD to ALL Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the NZD to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 59.6128. Conversely, the yearly low was recorded on December 18, dropping to 52.6354.
This high-to-low spread represents a total annual volatility of 6.9774 ALL. From a start-to-finish perspective, comparing the January average rate of 58.7830 to the December average rate of 53.8441, the exchange rate registered a net change of -8.40% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 59.6128 was down 15.93% compared to the 2023 peak of 70.9071, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NZD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
NZD to ALL Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 57.5919, compared to 55.0108 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.5811 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was July, with a trading range of 2.5844 ALL (High: 56.9696 / Low: 54.3852). On the other end, June was the most stable month, with a tight range of 1.1195 ALL (High: 57.6473 / Low: 56.5278).
Growth Streaks & Declines
TrendsBetween April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 1.4653 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2024: 58.7830) against the same month in 2023 (average: 69.1369), the exchange rate shifted by -10.3539 (-14.98%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 59.6128 | 57.9077 | 58.7830 |
| February | 59.4174 | 57.9926 | 58.9611 |
| March | 58.6939 | 56.7342 | 57.8007 |
| April | 57.1418 | 55.1470 | 56.3354 |
| May | 57.3427 | 55.6227 | 56.4552 |
| June | 57.6473 | 56.5278 | 57.2163 |
| July | 56.9696 | 54.3852 | 55.7866 |
| August | 56.4676 | 54.3737 | 55.2210 |
| September | 56.4694 | 55.1696 | 55.7039 |
| October | 55.9182 | 53.9742 | 55.0101 |
| November | 55.2186 | 53.8798 | 54.4991 |
| December | 55.0435 | 52.6354 | 53.8441 |