2024 NZD to PEN Historical Review

YEARLY HIGH

2.3976 PEN

YEARLY LOW

2.0913 PEN

YEARLY AVERAGE

2.2708 PEN

2024 NZD to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NZD to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 2.3976. Conversely, the yearly low was recorded on December 26, dropping to 2.0913.

This high-to-low spread represents a total annual volatility of 0.3063 PEN. From a start-to-finish perspective, comparing the January average rate of 2.3037 to the December average rate of 2.1414, the exchange rate registered a net change of -7.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.3976 was down 5.32% compared to the 2023 peak of 2.5322, 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 11,988 PEN

2023 Average 11,485 PEN

Yearly Trough Low 10,456 PEN

Transaction Impact: A difference of 1,531.73 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.3674

2.1208

JanuMarcMayJulySeptNove

NZD to PEN 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 2.2841, compared to 2.2575 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0266 points.

H1 Avg (Jan–Jun) 2.2841

H2 Avg (Jul–Dec) 2.2575

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.1422 PEN (High: 2.3382 / Low: 2.1961). On the other end, June was the most stable month, with a tight range of 0.0418 PEN (High: 2.3396 / Low: 2.2978).

July Spread (Volatile) ±0.1422

June Spread (Stable) ±0.0418

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 November and December, when the average rate fell by 0.0922 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0922

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 2.3469) against the same month in 2023 (average: 2.2077), the exchange rate shifted by +0.1392 (+6.30%).

2024 Avg (September) 2.3469

2023 Avg (September) 2.2077

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.3383	2.2722	2.3037
February	2.3709	2.3051	2.3463
March	2.3110	2.2023	2.2570
April	2.2398	2.1857	2.2121
May	2.3075	2.2196	2.2650
June	2.3396	2.2978	2.3204
July	2.3382	2.1961	2.2708
August	2.3474	2.2091	2.2733
September	2.3976	2.3187	2.3469
October	2.3280	2.2482	2.2790
November	2.2691	2.1808	2.2336
December	2.2098	2.0913	2.1414