2024 NZD to MDL Historical Review

YEARLY HIGH

11.0897 MDL

YEARLY LOW

10.2778 MDL

YEARLY AVERAGE

10.7257 MDL

2024 NZD to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NZD to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 11.0897. Conversely, the yearly low was recorded on December 18, dropping to 10.2778.

This high-to-low spread represents a total annual volatility of 0.8119 MDL. From a start-to-finish perspective, comparing the January average rate of 10.8798 to the December average rate of 10.5109, the exchange rate registered a net change of -3.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 11.0897 was down 9.77% compared to the 2023 peak of 12.2900, 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 55,449 MDL

2023 Average 55,592 MDL

Yearly Trough Low 51,389 MDL

Transaction Impact: A difference of 4,059.54 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

10.9487

10.4711

JanuMarcMayJulySeptNove

NZD to MDL 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 10.7754, compared to 10.6759 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0995 points.

H1 Avg (Jan–Jun) 10.7754

H2 Avg (Jul–Dec) 10.6759

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.5232 MDL (High: 10.9135 / Low: 10.3904). On the other end, June was the most stable month, with a tight range of 0.2110 MDL (High: 10.9314 / Low: 10.7204).

July Spread (Volatile) ±0.5232

June Spread (Stable) ±0.2110

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 0.1873 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1873

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 10.9089) against the same month in 2023 (average: 11.7894), the exchange rate shifted by -0.8804 (-7.47%).

2024 Avg (February) 10.9089

2023 Avg (February) 11.7894

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.0654	10.7402	10.8798
February	11.0897	10.7329	10.9089
March	10.8991	10.5121	10.7247
April	10.6634	10.3762	10.5523
May	10.8581	10.4664	10.7183
June	10.9314	10.7204	10.8685
July	10.9135	10.3904	10.6812
August	10.9713	10.4840	10.6404
September	11.0399	10.6399	10.8205
October	10.9102	10.6347	10.7429
November	10.8217	10.5454	10.6597
December	10.7858	10.2778	10.5109