YEARLY HIGH
13320.1590 SLL
YEARLY LOW
11728.7676 SLL
YEARLY AVERAGE
12687.2286 SLL

2024 NZD to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NZD to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 13320.1590. Conversely, the yearly low was recorded on December 31, dropping to 11728.7676.

This high-to-low spread represents a total annual volatility of 1591.3914 SLL. From a start-to-finish perspective, comparing the January average rate of 12947.5285 to the December average rate of 12033.1468, the exchange rate registered a net change of -7.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 13320.1590 was up 0.07% compared to the 2023 peak of 13311.1539, 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 66,600,795 SLL
2023 Average 58,523,176 SLL
Yearly Trough Low 58,643,838 SLL
Transaction Impact: A difference of 7,956,956.78 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

13158.9325
11930.8027
JanuMarcMayJulySeptNove

NZD to SLL 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 12768.9811, compared to 12605.4762 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 163.5049 points.

H1 Avg (Jan–Jun) 12768.9811
H2 Avg (Jul–Dec) 12605.4762

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 685.6992 SLL (High: 13132.6707 / Low: 12446.9715). On the other end, June was the most stable month, with a tight range of 243.5576 SLL (High: 12993.6480 / Low: 12750.0904).

August Spread (Volatile) ±685.6992
June Spread (Stable) ±243.5576

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 355.1243 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -355.1243

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 13056.5884) against the same month in 2023 (average: 12431.1567), the exchange rate shifted by +625.4316 (+5.03%).

2024 Avg (September) 13056.5884
2023 Avg (September) 12431.1567

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 13240.7198 12735.5712 12947.5285
February 12998.9883 12692.2802 12850.5059
March 12958.1898 12512.5009 12739.7842
April 12718.6313 12324.8211 12484.2458
May 12898.7196 12441.3885 12729.2822
June 12993.6480 12750.0904 12862.5400
July 12877.3643 12323.2567 12650.9403
August 13132.6707 12446.9715 12762.4778
September 13320.1590 12859.0202 13056.5884
October 13170.9361 12517.3259 12741.4327
November 12626.9956 12183.4805 12388.2711
December 12385.2184 11728.7676 12033.1468