2024 NZD to SOS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 NZD to SOS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the NZD to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 362.9790. Conversely, the yearly low was recorded on December 31, dropping to 319.7080.
This high-to-low spread represents a total annual volatility of 43.2709 SOS. From a start-to-finish perspective, comparing the January average rate of 352.7126 to the December average rate of 327.8555, the exchange rate registered a net change of -7.05% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 362.9790 was down 2.00% compared to the 2023 peak of 370.3717, 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 SOS 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 347.9057, compared to 343.4256 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.4801 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 21.3157 SOS (High: 358.6403 / Low: 337.3246). On the other end, June was the most stable month, with a tight range of 6.6810 SOS (High: 354.0833 / Low: 347.4023).
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 November and December, when the average rate fell by 9.8539 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 355.8172) against the same month in 2023 (average: 337.9807), the exchange rate shifted by +17.8365 (+5.28%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 361.8612 | 346.9174 | 352.7126 |
| February | 354.2727 | 346.1769 | 350.3590 |
| March | 352.9453 | 340.5689 | 347.0790 |
| April | 346.6364 | 335.7713 | 340.1408 |
| May | 351.5736 | 338.4827 | 346.6607 |
| June | 354.0833 | 347.4023 | 350.4820 |
| July | 351.2547 | 335.9605 | 344.6001 |
| August | 358.6403 | 337.3246 | 347.2390 |
| September | 362.9790 | 350.2662 | 355.8172 |
| October | 358.6421 | 340.9923 | 347.3325 |
| November | 343.9607 | 332.0470 | 337.7094 |
| December | 337.0585 | 319.7080 | 327.8555 |