2024 NZD to AUD Historical Review

YEARLY HIGH

0.9457 AUD

YEARLY LOW

0.8926 AUD

YEARLY AVERAGE

0.9170 AUD

2024 NZD to AUD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NZD to AUD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 23, valuing the pair at 0.9457. Conversely, the yearly low was recorded on November 29, dropping to 0.8926.

This high-to-low spread represents a total annual volatility of 0.0531 AUD. From a start-to-finish perspective, comparing the January average rate of 0.9292 to the December average rate of 0.9072, the exchange rate registered a net change of -2.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.9457 was down 0.01% compared to the 2023 peak of 0.9458, 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 4,728 AUD

2023 Average 4,622 AUD

Yearly Trough Low 4,463 AUD

Transaction Impact: A difference of 265.31 AUD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.9424

0.9001

JanuMarcMayJulySeptNove

NZD 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 0.9248, compared to 0.9093 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0155 points.

H1 Avg (Jan–Jun) 0.9248

H2 Avg (Jul–Dec) 0.9093

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0214 AUD (High: 0.9367 / Low: 0.9153). On the other end, December was the most stable month, with a tight range of 0.0094 AUD (High: 0.9123 / Low: 0.9030).

March Spread (Volatile) ±0.0214

December Spread (Stable) ±0.0094

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 June and July, when the average rate fell by 0.0199 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0199

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.9389) against the same month in 2023 (average: 0.9119), the exchange rate shifted by +0.0270 (+2.96%).

2024 Avg (February) 0.9389

2023 Avg (February) 0.9119

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9336	0.9237	0.9292
February	0.9457	0.9296	0.9389
March	0.9367	0.9153	0.9263
April	0.9188	0.9078	0.9150
May	0.9243	0.9071	0.9157
June	0.9310	0.9114	0.9235
July	0.9119	0.8971	0.9036
August	0.9236	0.9045	0.9146
September	0.9259	0.9155	0.9194
October	0.9130	0.9030	0.9062
November	0.9103	0.8926	0.9045
December	0.9123	0.9030	0.9072