2024 SZL to NZD Historical Review

YEARLY HIGH

0.0987 NZD

YEARLY LOW

0.0840 NZD

YEARLY AVERAGE

0.0903 NZD

2024 SZL to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SZL to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.0987. Conversely, the yearly low was recorded on February 25, dropping to 0.0840.

This high-to-low spread represents a total annual volatility of 0.0146 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0862 to the December average rate of 0.0957, the exchange rate registered a net change of 10.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0987 was up 4.27% compared to the 2023 peak of 0.0946, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 493 NZD

2023 Average 442 NZD

Yearly Trough Low 420 NZD

Transaction Impact: A difference of 73.24 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0966

0.0851

JanuMarcMayJulySeptNove

SZL 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 0.0878, compared to 0.0929 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0051 points.

H1 Avg (Jan–Jun) 0.0878

H2 Avg (Jul–Dec) 0.0929

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0064 NZD (High: 0.0915 / Low: 0.0852). On the other end, January was the most stable month, with a tight range of 0.0023 NZD (High: 0.0875 / Low: 0.0852).

June Spread (Volatile) ±0.0064

January Spread (Stable) ±0.0023

Growth Streaks & Declines

Trends

Between February and May, 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 May and June, when the average rate fell by 0.0010 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0957) against the same month in 2023 (average: 0.0862), the exchange rate shifted by +0.0095 (+11.01%).

2024 Avg (December) 0.0957

2023 Avg (December) 0.0862

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0875	0.0852	0.0862
February	0.0887	0.0840	0.0860
March	0.0888	0.0855	0.0874
April	0.0910	0.0877	0.0891
May	0.0905	0.0873	0.0895
June	0.0915	0.0852	0.0885
July	0.0932	0.0887	0.0910
August	0.0931	0.0901	0.0912
September	0.0924	0.0897	0.0912
October	0.0950	0.0920	0.0937
November	0.0958	0.0933	0.0946
December	0.0987	0.0935	0.0957