2024 NZD to PHP Historical Review

YEARLY HIGH

36.3850 PHP

YEARLY LOW

32.5617 PHP

YEARLY AVERAGE

34.6539 PHP

2024 NZD to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NZD to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on June 5, valuing the pair at 36.3850. Conversely, the yearly low was recorded on December 31, dropping to 32.5617.

This high-to-low spread represents a total annual volatility of 3.8233 PHP. From a start-to-finish perspective, comparing the January average rate of 34.5516 to the December average rate of 33.5263, the exchange rate registered a net change of -2.97% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 36.3850 was up 2.40% compared to the 2023 peak of 35.5305, 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 181,925 PHP

2023 Average 170,750 PHP

Yearly Trough Low 162,808 PHP

Transaction Impact: A difference of 19,116.53 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

36.2561

33.2782

JanuMarcMayJulySeptNove

NZD to PHP 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 34.6481, compared to 34.6598 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0118 points.

H1 Avg (Jan–Jun) 34.6481

H2 Avg (Jul–Dec) 34.6598

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 2.0564 PHP (High: 34.6181 / Low: 32.5617). On the other end, February was the most stable month, with a tight range of 0.6630 PHP (High: 34.6741 / Low: 34.0111).

December Spread (Volatile) ±2.0564

February Spread (Stable) ±0.6630

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 1.1486 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.1486

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 36.0079) against the same month in 2023 (average: 34.2428), the exchange rate shifted by +1.7651 (+5.15%).

2024 Avg (June) 36.0079

2023 Avg (June) 34.2428

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	35.0103	34.1536	34.5516
February	34.6741	34.0111	34.3308
March	34.4626	33.5134	33.9647
April	34.4284	33.4802	33.9583
May	35.9935	34.2422	35.0751
June	36.3850	35.5717	36.0079
July	35.9469	34.4212	35.2782
August	35.2129	34.1783	34.6703
September	35.6600	34.4143	34.8903
October	35.4066	34.6491	34.9189
November	35.1217	34.0480	34.6750
December	34.6181	32.5617	33.5263

2024 NZD నుండి PHP చారిత్రక సమీక్ష