2024 NZD to KRW Historical Review

YEARLY HIGH

852.5577 KRW

YEARLY LOW

803.3372 KRW

YEARLY AVERAGE

824.7078 KRW

2024 NZD to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NZD to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on June 20, valuing the pair at 852.5577. Conversely, the yearly low was recorded on March 30, dropping to 803.3372.

This high-to-low spread represents a total annual volatility of 49.2205 KRW. From a start-to-finish perspective, comparing the January average rate of 817.8462 to the December average rate of 826.5759, the exchange rate registered a net change of 1.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 852.5577 was up 1.42% compared to the 2023 peak of 840.6456, 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 4,262,789 KRW

2023 Average 4,009,570 KRW

Yearly Trough Low 4,016,686 KRW

Transaction Impact: A difference of 246,102.51 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

851.1884

805.6788

JanuMarcMayJulySeptNove

NZD to KRW 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 822.4581, compared to 826.9575 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.4994 points.

H1 Avg (Jan–Jun) 822.4581

H2 Avg (Jul–Dec) 826.9575

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 36.5149 KRW (High: 850.7386 / Low: 814.2238). On the other end, June was the most stable month, with a tight range of 11.3587 KRW (High: 852.5577 / Low: 841.1991).

May Spread (Volatile) ±36.5149

June Spread (Stable) ±11.3587

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 13.4291 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -13.4291

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 847.3959) against the same month in 2023 (average: 794.8472), the exchange rate shifted by +52.5487 (+6.61%).

2024 Avg (June) 847.3959

2023 Avg (June) 794.8472

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	824.1239	808.6314	817.8462
February	825.0866	807.4508	816.5744
March	816.8880	803.3372	809.4713
April	821.3449	806.7924	815.5506
May	850.7386	814.2238	827.9102
June	852.5577	841.1991	847.3959
July	848.2129	812.0096	833.9668
August	835.5796	807.6563	821.5473
September	842.2200	817.7544	828.1310
October	833.1441	816.0884	827.4196
November	836.7230	810.8100	824.1045
December	836.8338	811.6559	826.5759