2024 NZD to ARS Historical Review

YEARLY HIGH

614.5918 ARS

YEARLY LOW

498.9073 ARS

YEARLY AVERAGE

553.1926 ARS

2024 NZD to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NZD to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 614.5918. Conversely, the yearly low was recorded on January 22, dropping to 498.9073.

This high-to-low spread represents a total annual volatility of 115.6845 ARS. From a start-to-finish perspective, comparing the January average rate of 504.8481 to the December average rate of 585.1846, the exchange rate registered a net change of 15.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 614.5918 was up 19.91% compared to the 2023 peak of 512.5446, 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 3,072,959 ARS

2023 Average 906,920 ARS

Yearly Trough Low 2,494,537 ARS

Transaction Impact: A difference of 578,422.29 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

607.2556

495.5383

JanuMarcMayJulySeptNove

NZD to ARS 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 523.5214, compared to 582.8639 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 59.3425 points.

H1 Avg (Jan–Jun) 523.5214

H2 Avg (Jul–Dec) 582.8639

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 45.4684 ARS (High: 595.1150 / Low: 549.6466). On the other end, June was the most stable month, with a tight range of 8.5451 ARS (High: 557.8483 / Low: 549.3032).

August Spread (Volatile) ±45.4684

June Spread (Stable) ±8.5451

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 5.1493 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -5.1493

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 597.9458) against the same month in 2023 (average: 207.4232), the exchange rate shifted by +390.5226 (+188.27%).

2024 Avg (September) 597.9458

2023 Avg (September) 207.4232

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	512.0076	498.9073	504.8481
February	519.4039	501.1579	511.1763
March	523.8411	510.1311	516.7078
April	524.4413	511.8138	516.6287
May	549.9406	517.8478	537.5455
June	557.8483	549.3032	554.2219
July	562.2903	546.4715	556.1878
August	595.1150	549.6466	572.5458
September	614.5918	587.3188	597.9458
October	609.1073	588.2341	594.9851
November	598.5647	584.6226	590.3339
December	597.2878	574.1416	585.1846