YEARLY HIGH
59.6128 ALL
YEARLY LOW
52.6354 ALL
YEARLY AVERAGE
56.3014 ALL

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.

Transfer Payout Power Comparison

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

Yearly Peak High 298,064 ALL
2023 Average 309,011 ALL
Yearly Trough Low 263,177 ALL
Transaction Impact: A difference of 34,886.91 ALL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

59.4728
53.3324
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 57.5919
H2 Avg (Jul–Dec) 55.0108

Volatility Range Comparison

Volatility

The 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).

July Spread (Volatile) ±2.5844
June Spread (Stable) ±1.1195

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.4653

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2024 Avg (January) 58.7830
2023 Avg (January) 69.1369

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