2024 NZD to JPY Historical Review

YEARLY HIGH

98.8484 JPY

YEARLY LOW

86.4604 JPY

YEARLY AVERAGE

91.6131 JPY

2024 NZD to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NZD to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on July 9, valuing the pair at 98.8484. Conversely, the yearly low was recorded on August 6, dropping to 86.4604.

This high-to-low spread represents a total annual volatility of 12.3880 JPY. From a start-to-finish perspective, comparing the January average rate of 90.2391 to the December average rate of 88.3643, the exchange rate registered a net change of -2.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 98.8484 was up 8.44% compared to the 2023 peak of 91.1553, 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 494,242 JPY

2023 Average 431,086 JPY

Yearly Trough Low 432,302 JPY

Transaction Impact: A difference of 61,940.21 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

97.8399

87.5029

JanuMarcMayJulySeptNove

NZD to JPY 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 92.6885, compared to 90.5378 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.1507 points.

H1 Avg (Jan–Jun) 92.6885

H2 Avg (Jul–Dec) 90.5378

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 9.7049 JPY (High: 98.8484 / Low: 89.1436). On the other end, March was the most stable month, with a tight range of 1.4911 JPY (High: 91.7986 / Low: 90.3076).

July Spread (Volatile) ±9.7049

March Spread (Stable) ±1.4911

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 July and August, when the average rate fell by 6.0922 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -6.0922

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 95.0771) against the same month in 2023 (average: 87.8433), the exchange rate shifted by +7.2338 (+8.23%).

2024 Avg (July) 95.0771

2023 Avg (July) 87.8433

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	90.7794	88.8607	90.2391
February	93.2856	89.9597	91.6917
March	91.7986	90.3076	90.9772
April	94.0933	90.2273	91.7031
May	96.7245	91.3535	94.5414
June	98.1423	95.7363	96.9785
July	98.8484	89.1436	95.0771
August	91.3342	86.4604	88.9849
September	91.8483	86.6417	89.0816
October	91.7504	90.2322	91.0745
November	92.2374	87.0091	90.6440
December	89.2460	86.8736	88.3643