YEARLY HIGH
0.0307 BBD
YEARLY LOW
0.0266 BBD
YEARLY AVERAGE
0.0284 BBD

2024 AFN to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AFN to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 17, valuing the pair at 0.0307. Conversely, the yearly low was recorded on February 3, dropping to 0.0266.

This high-to-low spread represents a total annual volatility of 0.0041 BBD. From a start-to-finish perspective, comparing the January average rate of 0.0280 to the December average rate of 0.0288, the exchange rate registered a net change of 3.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0307 was up 5.58% compared to the 2023 peak of 0.0291, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 154 BBD
2023 Average 122 BBD
Yearly Trough Low 133 BBD
Transaction Impact: A difference of 20.75 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0301
0.0271
JanuMarcMayJulySeptNove

AFN to BBD 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 0.0279, compared to 0.0289 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0279
H2 Avg (Jul–Dec) 0.0289

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0017 BBD (High: 0.0286 / Low: 0.0269). On the other end, July was the most stable month, with a tight range of 0.0004 BBD (High: 0.0285 / Low: 0.0281).

January Spread (Volatile) ±0.0017
July Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0007 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 0.0298) against the same month in 2023 (average: 0.0265), the exchange rate shifted by +0.0033 (+12.60%).

2024 Avg (October) 0.0298
2023 Avg (October) 0.0265

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0286 0.0269 0.0280
February 0.0277 0.0266 0.0273
March 0.0282 0.0274 0.0277
April 0.0281 0.0277 0.0279
May 0.0284 0.0277 0.0279
June 0.0287 0.0279 0.0284
July 0.0285 0.0281 0.0283
August 0.0286 0.0281 0.0282
September 0.0294 0.0282 0.0288
October 0.0307 0.0291 0.0298
November 0.0299 0.0293 0.0296
December 0.0296 0.0284 0.0288