YEARLY HIGH
0.6385 NZD
YEARLY LOW
0.5622 NZD
YEARLY AVERAGE
0.5906 NZD

2024 WST to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the WST to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.6385. Conversely, the yearly low was recorded on September 24, dropping to 0.5622.

This high-to-low spread represents a total annual volatility of 0.0763 NZD. From a start-to-finish perspective, comparing the January average rate of 0.5785 to the December average rate of 0.6226, the exchange rate registered a net change of 7.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6385 was up 1.39% compared to the 2023 peak of 0.6298, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,193 NZD
2023 Average 2,982 NZD
Yearly Trough Low 2,811 NZD
Transaction Impact: A difference of 381.43 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6275
0.5688
JanuMarcMayJulySeptNove

WST 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 0.5866, compared to 0.5946 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0080 points.

H1 Avg (Jan–Jun) 0.5866
H2 Avg (Jul–Dec) 0.5946

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0338 NZD (High: 0.6385 / Low: 0.6047). On the other end, June was the most stable month, with a tight range of 0.0110 NZD (High: 0.5874 / Low: 0.5764).

December Spread (Volatile) ±0.0338
June Spread (Stable) ±0.0110

Growth Streaks & Declines

Trends

Between January and April, 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 August and September, when the average rate fell by 0.0134 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0134

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.6226) against the same month in 2023 (average: 0.5734), the exchange rate shifted by +0.0491 (+8.56%).

2024 Avg (December) 0.6226
2023 Avg (December) 0.5734

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5880 0.5656 0.5785
February 0.5901 0.5761 0.5828
March 0.5985 0.5779 0.5879
April 0.6076 0.5888 0.5999
May 0.6020 0.5806 0.5884
June 0.5874 0.5764 0.5823
July 0.6077 0.5816 0.5921
August 0.6017 0.5703 0.5870
September 0.5824 0.5622 0.5737
October 0.5983 0.5686 0.5879
November 0.6147 0.5931 0.6046
December 0.6385 0.6047 0.6226