2024 NZD to PYG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 NZD to PYG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the NZD to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on September 29, valuing the pair at 4955.8159. Conversely, the yearly low was recorded on April 20, dropping to 4346.5575.
This high-to-low spread represents a total annual volatility of 609.2584 PYG. From a start-to-finish perspective, comparing the January average rate of 4496.1425 to the December average rate of 4479.7609, the exchange rate registered a net change of -0.36% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 4955.8159 was up 2.59% compared to the 2023 peak of 4830.7130, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NZD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
NZD to PYG Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 4496.6158, compared to 4647.3095 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 150.6938 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 341.9298 PYG (High: 4805.1360 / Low: 4463.2063). On the other end, June was the most stable month, with a tight range of 85.8576 PYG (High: 4671.8846 / Low: 4586.0270).
Growth Streaks & Declines
TrendsBetween 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 162.3501 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 4832.5052) against the same month in 2023 (average: 4312.9038), the exchange rate shifted by +519.6014 (+12.05%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 4612.7045 | 4432.3377 | 4496.1425 |
| February | 4513.6921 | 4402.5859 | 4464.5527 |
| March | 4498.0515 | 4373.5023 | 4443.5994 |
| April | 4469.1588 | 4346.5575 | 4403.5237 |
| May | 4635.0014 | 4445.7277 | 4553.1603 |
| June | 4671.8846 | 4586.0270 | 4618.7160 |
| July | 4631.7098 | 4451.7063 | 4554.3394 |
| August | 4805.1360 | 4463.2063 | 4613.7480 |
| September | 4955.8159 | 4737.1126 | 4832.5052 |
| October | 4890.9584 | 4717.5536 | 4782.9270 |
| November | 4723.4508 | 4530.8066 | 4620.5769 |
| December | 4604.2373 | 4363.6483 | 4479.7609 |