2024 NZD to IDR Historical Review

YEARLY HIGH

10135.8953 IDR

YEARLY LOW

9098.4393 IDR

YEARLY AVERAGE

9596.9884 IDR

2024 NZD to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NZD to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 15, valuing the pair at 10135.8953. Conversely, the yearly low was recorded on December 31, dropping to 9098.4393.

This high-to-low spread represents a total annual volatility of 1037.4560 IDR. From a start-to-finish perspective, comparing the January average rate of 9644.4196 to the December average rate of 9218.2774, the exchange rate registered a net change of -4.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 10135.8953 was up 2.00% compared to the 2023 peak of 9936.7023, 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 50,679,477 IDR

2023 Average 46,796,313 IDR

Yearly Trough Low 45,492,197 IDR

Transaction Impact: A difference of 5,187,280.05 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

10118.3848

9136.4495

JanuMarcMayJulySeptNove

NZD to IDR 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 9694.6749, compared to 9499.3018 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 195.3731 points.

H1 Avg (Jan–Jun) 9694.6749

H2 Avg (Jul–Dec) 9499.3018

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 406.6619 IDR (High: 9991.9814 / Low: 9585.3194). On the other end, February was the most stable month, with a tight range of 177.2870 IDR (High: 9673.2791 / Low: 9495.9921).

July Spread (Volatile) ±406.6619

February Spread (Stable) ±177.2870

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 233.4212 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -233.4212

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 10036.5569) against the same month in 2023 (average: 9171.1097), the exchange rate shifted by +865.4472 (+9.44%).

2024 Avg (June) 10036.5569

2023 Avg (June) 9171.1097

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9728.9741	9512.7383	9644.4196
February	9673.2791	9495.9921	9598.7656
March	9656.1855	9471.0029	9547.6649
April	9695.8549	9484.9316	9588.9521
May	9998.5115	9597.9877	9751.6904
June	10135.8953	9937.7832	10036.5569
July	9991.9814	9585.3194	9803.1356
August	9703.0865	9377.1369	9587.8156
September	9702.3097	9453.6733	9545.7340
October	9652.7178	9374.0061	9482.9708
November	9488.7129	9200.8678	9357.8776
December	9399.0380	9098.4393	9218.2774