YEARLY HIGH
0.1277 NZD
YEARLY LOW
0.1091 NZD
YEARLY AVERAGE
0.1210 NZD

2024 SCR to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SCR to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 2, valuing the pair at 0.1277. Conversely, the yearly low was recorded on October 14, dropping to 0.1091.

This high-to-low spread represents a total annual volatility of 0.0186 NZD. From a start-to-finish perspective, comparing the January average rate of 0.1211 to the December average rate of 0.1236, the exchange rate registered a net change of 2.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1277 was down 5.14% compared to the 2023 peak of 0.1347, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 SCR based on timing:

Yearly Peak High 639 NZD
2023 Average 607 NZD
Yearly Trough Low 546 NZD
Transaction Impact: A difference of 93.04 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1242
0.1175
JanuMarcMayJulySeptNove

SCR to NZD 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 0.1210, compared to 0.1210 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.1210
H2 Avg (Jul–Dec) 0.1210

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0175 NZD (High: 0.1267 / Low: 0.1091). On the other end, May was the most stable month, with a tight range of 0.0064 NZD (High: 0.1241 / Low: 0.1178).

October Spread (Volatile) ±0.0175
May Spread (Stable) ±0.0064

Growth Streaks & Declines

Trends

Between September and December, 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 April and May, when the average rate fell by 0.0030 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.1236) against the same month in 2023 (average: 0.1196), the exchange rate shifted by +0.0040 (+3.36%).

2024 Avg (December) 0.1236
2023 Avg (December) 0.1196

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1252 0.1156 0.1211
February 0.1252 0.1179 0.1213
March 0.1241 0.1142 0.1211
April 0.1255 0.1180 0.1236
May 0.1241 0.1178 0.1206
June 0.1201 0.1115 0.1181
July 0.1247 0.1163 0.1202
August 0.1264 0.1120 0.1197
September 0.1229 0.1145 0.1195
October 0.1267 0.1091 0.1201
November 0.1269 0.1183 0.1231
December 0.1277 0.1135 0.1236