2024 NZD to NIO Historical Review

YEARLY HIGH

23.3736 NIO

YEARLY LOW

20.5849 NIO

YEARLY AVERAGE

22.2541 NIO

2024 NZD to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NZD to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 23.3736. Conversely, the yearly low was recorded on December 31, dropping to 20.5849.

This high-to-low spread represents a total annual volatility of 2.7888 NIO. From a start-to-finish perspective, comparing the January average rate of 22.6292 to the December average rate of 21.1090, the exchange rate registered a net change of -6.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 23.3736 was down 1.81% compared to the 2023 peak of 23.8055, 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 116,868 NIO

2023 Average 112,253 NIO

Yearly Trough Low 102,924 NIO

Transaction Impact: A difference of 13,943.76 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

23.0963

20.9283

JanuMarcMayJulySeptNove

NZD to NIO 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 22.3874, compared to 22.1208 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2666 points.

H1 Avg (Jan–Jun) 22.3874

H2 Avg (Jul–Dec) 22.1208

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 1.3556 NIO (High: 23.0947 / Low: 21.7391). On the other end, June was the most stable month, with a tight range of 0.4165 NIO (High: 22.8010 / Low: 22.3845).

August Spread (Volatile) ±1.3556

June Spread (Stable) ±0.4165

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 October and November, when the average rate fell by 0.6350 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.6350

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 22.9157) against the same month in 2023 (average: 21.6846), the exchange rate shifted by +1.2310 (+5.68%).

2024 Avg (September) 22.9157

2023 Avg (September) 21.6846

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	23.1751	22.2612	22.6292
February	22.8210	22.2102	22.5381
March	22.7427	21.9312	22.3453
April	22.3201	21.6261	21.9142
May	22.6460	21.7893	22.3265
June	22.8010	22.3845	22.5711
July	22.6219	21.6402	22.2016
August	23.0947	21.7391	22.3918
September	23.3736	22.5670	22.9157
October	23.0907	21.9669	22.3710
November	22.1512	21.3725	21.7360
December	21.7023	20.5849	21.1090