YEARLY HIGH
0.8364 BND
YEARLY LOW
0.7587 BND
YEARLY AVERAGE
0.8083 BND

2024 NZD to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NZD to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on June 12, valuing the pair at 0.8364. Conversely, the yearly low was recorded on December 18, dropping to 0.7587.

This high-to-low spread represents a total annual volatility of 0.0777 BND. From a start-to-finish perspective, comparing the January average rate of 0.8243 to the December average rate of 0.7746, the exchange rate registered a net change of -6.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.8364 was down 2.54% compared to the 2023 peak of 0.8582, 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 4,182 BND
2023 Average 4,122 BND
Yearly Trough Low 3,793 BND
Transaction Impact: A difference of 388.71 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.8348
0.7692
JanuMarcMayJulySeptNove

NZD to BND 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 0.8199, compared to 0.7967 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0232 points.

H1 Avg (Jan–Jun) 0.8199
H2 Avg (Jul–Dec) 0.7967

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0398 BND (High: 0.8297 / Low: 0.7899). On the other end, June was the most stable month, with a tight range of 0.0146 BND (High: 0.8364 / Low: 0.8218).

July Spread (Volatile) ±0.0398
June Spread (Stable) ±0.0146

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 0.0171 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0171

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 0.8293) against the same month in 2023 (average: 0.8257), the exchange rate shifted by +0.0036 (+0.44%).

2024 Avg (June) 0.8293
2023 Avg (June) 0.8257

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8354 0.8143 0.8243
February 0.8337 0.8098 0.8240
March 0.8251 0.8038 0.8144
April 0.8163 0.8003 0.8074
May 0.8312 0.8097 0.8202
June 0.8364 0.8218 0.8293
July 0.8297 0.7899 0.8122
August 0.8169 0.7846 0.8006
September 0.8189 0.7981 0.8072
October 0.8081 0.7888 0.7961
November 0.7987 0.7789 0.7894
December 0.7914 0.7587 0.7746