YEARLY HIGH
282.3869 KMF
YEARLY LOW
265.5228 KMF
YEARLY AVERAGE
275.2996 KMF

2024 NZD to KMF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NZD to KMF exchange rate experienced significant fluctuation. The market reached its absolute peak on June 13, valuing the pair at 282.3869. Conversely, the yearly low was recorded on December 26, dropping to 265.5228.

This high-to-low spread represents a total annual volatility of 16.8641 KMF. From a start-to-finish perspective, comparing the January average rate of 278.6684 to the December average rate of 269.6644, the exchange rate registered a net change of -3.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 282.3869 was down 4.23% compared to the 2023 peak of 294.8480, 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 1,411,935 KMF
2023 Average 1,398,620 KMF
Yearly Trough Low 1,327,614 KMF
Transaction Impact: A difference of 84,320.56 KMF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

281.3937
268.5981
JanuMarcMayJulySeptNove

NZD to KMF 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 277.2749, compared to 273.3243 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.9506 points.

H1 Avg (Jan–Jun) 277.2749
H2 Avg (Jul–Dec) 273.3243

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 12.6898 KMF (High: 279.6009 / Low: 266.9111). On the other end, April was the most stable month, with a tight range of 5.5480 KMF (High: 275.1372 / Low: 269.5892).

July Spread (Volatile) ±12.6898
April Spread (Stable) ±5.5480

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 6.2917 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -6.2917

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 280.3274) against the same month in 2023 (average: 279.0599), the exchange rate shifted by +1.2675 (+0.45%).

2024 Avg (June) 280.3274
2023 Avg (June) 279.0599

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 281.6416 274.4407 278.6684
February 282.0235 274.9569 279.4711
March 278.9920 271.5282 275.2712
April 275.1372 269.5892 273.2303
May 280.2788 273.6932 276.6811
June 282.3869 276.2364 280.3274
July 279.6009 266.9111 274.0357
August 278.2224 267.2902 272.2051
September 280.7334 273.6160 276.1508
October 279.4730 270.8365 274.3678
November 276.9467 267.5482 273.5221
December 276.2219 265.5228 269.6644