2024 NZD to EUR Historical Review

YEARLY HIGH

0.5736 EUR

YEARLY LOW

0.5397 EUR

YEARLY AVERAGE

0.5591 EUR

2024 NZD to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NZD to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 15, valuing the pair at 0.5736. Conversely, the yearly low was recorded on December 26, dropping to 0.5397.

This high-to-low spread represents a total annual volatility of 0.0339 EUR. From a start-to-finish perspective, comparing the January average rate of 0.5659 to the December average rate of 0.5479, the exchange rate registered a net change of -3.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5736 was down 3.95% compared to the 2023 peak of 0.5972, 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 2,868 EUR

2023 Average 2,837 EUR

Yearly Trough Low 2,699 EUR

Transaction Impact: A difference of 169.56 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5722

0.5457

JanuMarcMayJulySeptNove

NZD to EUR 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 0.5632, compared to 0.5549 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0082 points.

H1 Avg (Jan–Jun) 0.5632

H2 Avg (Jul–Dec) 0.5549

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0257 EUR (High: 0.5673 / Low: 0.5415). On the other end, June was the most stable month, with a tight range of 0.0084 EUR (High: 0.5736 / Low: 0.5652).

July Spread (Volatile) ±0.0257

June Spread (Stable) ±0.0084

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 0.0141 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0141

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 0.5700) against the same month in 2023 (average: 0.5658), the exchange rate shifted by +0.0041 (+0.73%).

2024 Avg (June) 0.5700

2023 Avg (June) 0.5658

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5722	0.5583	0.5659
February	0.5723	0.5615	0.5677
March	0.5647	0.5522	0.5588
April	0.5595	0.5510	0.5553
May	0.5665	0.5536	0.5614
June	0.5736	0.5652	0.5700
July	0.5673	0.5415	0.5558
August	0.5652	0.5433	0.5520
September	0.5697	0.5549	0.5604
October	0.5677	0.5486	0.5576
November	0.5601	0.5483	0.5559
December	0.5603	0.5397	0.5479