YEARLY HIGH
11.9154 NAD
YEARLY LOW
10.1379 NAD
YEARLY AVERAGE
11.0882 NAD

2024 NZD to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NZD to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 11.9154. Conversely, the yearly low was recorded on December 18, dropping to 10.1379.

This high-to-low spread represents a total annual volatility of 1.7775 NAD. From a start-to-finish perspective, comparing the January average rate of 11.5984 to the December average rate of 10.4568, the exchange rate registered a net change of -9.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 11.9154 was down 2.55% compared to the 2023 peak of 12.2272, 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 59,577 NAD
2023 Average 56,783 NAD
Yearly Trough Low 50,689 NAD
Transaction Impact: A difference of 8,887.32 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

11.7451
10.3397
JanuMarcMayJulySeptNove

NZD to NAD 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 11.3982, compared to 10.7782 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6199 points.

H1 Avg (Jan–Jun) 11.3982
H2 Avg (Jul–Dec) 10.7782

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.8037 NAD (High: 11.7325 / Low: 10.9288). On the other end, November was the most stable month, with a tight range of 0.2707 NAD (High: 10.7349 / Low: 10.4641).

June Spread (Volatile) ±0.8037
November Spread (Stable) ±0.2707

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.3030 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.3030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 11.6280) against the same month in 2023 (average: 11.2271), the exchange rate shifted by +0.4009 (+3.57%).

2024 Avg (February) 11.6280
2023 Avg (February) 11.2271

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.7089 11.3857 11.5984
February 11.9154 11.2772 11.6280
March 11.6669 11.2583 11.4541
April 11.4068 11.0242 11.2446
May 11.3112 11.0216 11.1597
June 11.7325 10.9288 11.3043
July 11.2737 10.7327 11.0013
August 11.1428 10.7498 10.9733
September 11.1542 10.8243 10.9681
October 10.8795 10.5286 10.6784
November 10.7349 10.4641 10.5915
December 10.6944 10.1379 10.4568