2024 NZD to CAD Historical Review

YEARLY HIGH

0.8582 CAD

YEARLY LOW

0.8050 CAD

YEARLY AVERAGE

0.8288 CAD

2024 NZD to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NZD to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 0.8582. Conversely, the yearly low was recorded on December 31, dropping to 0.8050.

This high-to-low spread represents a total annual volatility of 0.0532 CAD. From a start-to-finish perspective, comparing the January average rate of 0.8285 to the December average rate of 0.8183, the exchange rate registered a net change of -1.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.8582 was down 1.34% compared to the 2023 peak of 0.8698, 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 4,291 CAD

2023 Average 4,145 CAD

Yearly Trough Low 4,025 CAD

Transaction Impact: A difference of 265.99 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.8465

0.8115

JanuMarcMayJulySeptNove

NZD to CAD 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 0.8271, compared to 0.8305 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0033 points.

H1 Avg (Jan–Jun) 0.8271

H2 Avg (Jul–Dec) 0.8305

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0292 CAD (High: 0.8353 / Low: 0.8061). On the other end, April was the most stable month, with a tight range of 0.0154 CAD (High: 0.8233 / Low: 0.8079).

March Spread (Volatile) ±0.0292

April Spread (Stable) ±0.0154

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 0.0133 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0133

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.8436) against the same month in 2023 (average: 0.8033), the exchange rate shifted by +0.0403 (+5.01%).

2024 Avg (September) 0.8436

2023 Avg (September) 0.8033

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8374	0.8186	0.8285
February	0.8360	0.8167	0.8270
March	0.8353	0.8061	0.8226
April	0.8233	0.8079	0.8144
May	0.8391	0.8147	0.8297
June	0.8489	0.8333	0.8407
July	0.8387	0.8139	0.8274
August	0.8448	0.8214	0.8317
September	0.8582	0.8328	0.8436
October	0.8476	0.8300	0.8360
November	0.8351	0.8143	0.8260
December	0.8304	0.8050	0.8183