YEARLY HIGH
256.1041 AMD
YEARLY LOW
221.3073 AMD
YEARLY AVERAGE
237.6742 AMD

2024 NZD to AMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NZD to AMD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 256.1041. Conversely, the yearly low was recorded on December 18, dropping to 221.3073.

This high-to-low spread represents a total annual volatility of 34.7968 AMD. From a start-to-finish perspective, comparing the January average rate of 249.8842 to the December average rate of 227.6481, the exchange rate registered a net change of -8.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 256.1041 was down 0.75% compared to the 2023 peak of 258.0296, 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 1,280,520 AMD
2023 Average 1,205,250 AMD
Yearly Trough Low 1,106,536 AMD
Transaction Impact: A difference of 173,984.17 AMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

252.1078
225.4245
JanuMarcMayJulySeptNove

NZD to AMD 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 241.3839, compared to 233.9644 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 7.4196 points.

H1 Avg (Jan–Jun) 241.3839
H2 Avg (Jul–Dec) 233.9644

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 15.7156 AMD (High: 237.0228 / Low: 221.3073). On the other end, June was the most stable month, with a tight range of 4.2477 AMD (High: 240.2855 / Low: 236.0379).

December Spread (Volatile) ±15.7156
June Spread (Stable) ±4.2477

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 10.4286 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -10.4286

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 249.8842) against the same month in 2023 (average: 253.3778), the exchange rate shifted by -3.4936 (-1.38%).

2024 Avg (January) 249.8842
2023 Avg (January) 253.3778

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 256.1041 245.5891 249.8842
February 251.7385 245.7022 248.7633
March 249.2380 235.0561 243.3580
April 235.9850 228.0526 232.9294
May 238.7445 230.2104 235.3354
June 240.2855 236.0379 238.0335
July 238.6556 227.9207 234.0759
August 243.4863 228.9898 235.8423
September 245.9821 237.4166 241.1371
October 242.7849 231.0319 235.2951
November 234.1810 226.3409 229.7877
December 237.0228 221.3073 227.6481