2024 NZD to KMF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
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.
Comparing the value generated converting 5,000 NZD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |