2024 NZD to TWD Historical Review

YEARLY HIGH

20.1980 TWD

YEARLY LOW

18.3204 TWD

YEARLY AVERAGE

19.4158 TWD

2024 NZD to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NZD to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 20.1980. Conversely, the yearly low was recorded on December 31, dropping to 18.3204.

This high-to-low spread represents a total annual volatility of 1.8776 TWD. From a start-to-finish perspective, comparing the January average rate of 19.2578 to the December average rate of 18.6913, the exchange rate registered a net change of -2.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 20.1980 was up 1.99% compared to the 2023 peak of 19.8037, 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 100,990 TWD

2023 Average 95,608 TWD

Yearly Trough Low 91,602 TWD

Transaction Impact: A difference of 9,388.04 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

20.0146

18.5710

JanuMarcMayJulySeptNove

NZD to TWD 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 19.4156, compared to 19.4159 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 19.4156

H2 Avg (Jul–Dec) 19.4159

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 1.0109 TWD (High: 20.0445 / Low: 19.0337). On the other end, June was the most stable month, with a tight range of 0.2335 TWD (High: 20.0192 / Low: 19.7857).

October Spread (Volatile) ±1.0109

June Spread (Stable) ±0.2335

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.4135 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.4135

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 19.8943) against the same month in 2023 (average: 18.9848), the exchange rate shifted by +0.9096 (+4.79%).

2024 Avg (September) 19.8943

2023 Avg (September) 18.9848

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	19.4161	19.0247	19.2578
February	19.5994	18.9805	19.2587
March	19.4311	19.0591	19.2461
April	19.3976	19.0701	19.2568
May	19.9781	19.2973	19.6049
June	20.0192	19.7857	19.8695
July	19.9381	19.2441	19.6854
August	19.9973	19.3537	19.6168
September	20.1980	19.6575	19.8943
October	20.0445	19.0337	19.5027
November	19.3370	18.8163	19.1049
December	19.1813	18.3204	18.6913