YEARLY HIGH
0.4049 GBP
YEARLY LOW
0.3724 GBP
YEARLY AVERAGE
0.3913 GBP

2024 BBD to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BBD to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 22, valuing the pair at 0.4049. Conversely, the yearly low was recorded on September 24, dropping to 0.3724.

This high-to-low spread represents a total annual volatility of 0.0325 GBP. From a start-to-finish perspective, comparing the January average rate of 0.3934 to the December average rate of 0.3958, the exchange rate registered a net change of 0.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4049 was down 4.23% compared to the 2023 peak of 0.4228, 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 2,024 GBP
2023 Average 2,011 GBP
Yearly Trough Low 1,862 GBP
Transaction Impact: A difference of 162.38 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4019
0.3761
JanuMarcMayJulySeptNove

BBD to GBP 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 0.3953, compared to 0.3874 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0079 points.

H1 Avg (Jan–Jun) 0.3953
H2 Avg (Jul–Dec) 0.3874

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0170 GBP (High: 0.3942 / Low: 0.3772). On the other end, January was the most stable month, with a tight range of 0.0048 GBP (High: 0.3961 / Low: 0.3913).

August Spread (Volatile) ±0.0170
January Spread (Stable) ±0.0048

Growth Streaks & Declines

Trends

Between September and December, 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 0.0080 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0080

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.3997) against the same month in 2023 (average: 0.4017), the exchange rate shifted by -0.0020 (-0.51%).

2024 Avg (April) 0.3997
2023 Avg (April) 0.4017

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3961 0.3913 0.3934
February 0.3989 0.3923 0.3958
March 0.3969 0.3889 0.3935
April 0.4049 0.3944 0.3997
May 0.4002 0.3915 0.3957
June 0.3962 0.3903 0.3935
July 0.3954 0.3843 0.3885
August 0.3942 0.3772 0.3863
September 0.3835 0.3724 0.3782
October 0.3877 0.3767 0.3833
November 0.3990 0.3834 0.3922
December 0.4001 0.3912 0.3958