YEARLY HIGH
0.7231 CAD
YEARLY LOW
0.6622 CAD
YEARLY AVERAGE
0.6852 CAD

2024 BBD to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BBD to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.7231. Conversely, the yearly low was recorded on January 1, dropping to 0.6622.

This high-to-low spread represents a total annual volatility of 0.0609 CAD. From a start-to-finish perspective, comparing the January average rate of 0.6709 to the December average rate of 0.7131, the exchange rate registered a net change of 6.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.7231 was up 4.18% compared to the 2023 peak of 0.6941, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,616 CAD
2023 Average 3,375 CAD
Yearly Trough Low 3,311 CAD
Transaction Impact: A difference of 304.47 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7173
0.6667
JanuMarcMayJulySeptNove

BBD to CAD 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 0.6792, compared to 0.6911 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0119 points.

H1 Avg (Jan–Jun) 0.6792
H2 Avg (Jul–Dec) 0.6911

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0224 CAD (High: 0.7231 / Low: 0.7007). On the other end, May was the most stable month, with a tight range of 0.0068 CAD (High: 0.6867 / Low: 0.6799).

December Spread (Volatile) ±0.0224
May Spread (Stable) ±0.0068

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 0.0059 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0059

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.7131) against the same month in 2023 (average: 0.6705), the exchange rate shifted by +0.0425 (+6.34%).

2024 Avg (December) 0.7131
2023 Avg (December) 0.6705

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6763 0.6622 0.6709
February 0.6789 0.6692 0.6747
March 0.6813 0.6727 0.6770
April 0.6911 0.6762 0.6840
May 0.6867 0.6799 0.6834
June 0.6889 0.6810 0.6853
July 0.6929 0.6808 0.6858
August 0.6941 0.6724 0.6833
September 0.6805 0.6710 0.6774
October 0.6968 0.6747 0.6880
November 0.7051 0.6917 0.6992
December 0.7231 0.7007 0.7131