2024 BBD to GNF Historical Review

YEARLY HIGH

4337.5076 GNF

YEARLY LOW

4278.1329 GNF

YEARLY AVERAGE

4305.9090 GNF

2024 BBD to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BBD to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 4337.5076. Conversely, the yearly low was recorded on March 23, dropping to 4278.1329.

This high-to-low spread represents a total annual volatility of 59.3746 GNF. From a start-to-finish perspective, comparing the January average rate of 4297.5224 to the December average rate of 4315.3294, the exchange rate registered a net change of 0.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 4337.5076 was down 1.42% compared to the 2023 peak of 4400.0000, 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 21,687,538 GNF

2023 Average 21,546,420 GNF

Yearly Trough Low 21,390,665 GNF

Transaction Impact: A difference of 296,873.18 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

4322.7530

4293.0193

JanuMarcMayJulySeptNove

BBD to GNF 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 4298.2941, compared to 4313.5238 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 15.2297 points.

H1 Avg (Jan–Jun) 4298.2941

H2 Avg (Jul–Dec) 4313.5238

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 42.7080 GNF (High: 4321.4742 / Low: 4278.7662). On the other end, September was the most stable month, with a tight range of 14.6292 GNF (High: 4327.7326 / Low: 4313.1034).

August Spread (Volatile) ±42.7080

September Spread (Stable) ±14.6292

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 5.4153 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -5.4153

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 4318.8574) against the same month in 2023 (average: 4300.2738), the exchange rate shifted by +18.5835 (+0.43%).

2024 Avg (October) 4318.8574

2023 Avg (October) 4300.2738

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	4311.8082	4285.9811	4297.5224
February	4328.9838	4294.5906	4301.2356
March	4309.0064	4278.1329	4296.6324
April	4309.2383	4283.5642	4295.4971
May	4306.3163	4279.8135	4296.6791
June	4326.8091	4294.2938	4302.1982
July	4323.1511	4290.5966	4304.4324
August	4321.4742	4278.7662	4308.8065
September	4327.7326	4313.1034	4320.2752
October	4337.5076	4309.6585	4318.8574
November	4334.4404	4299.7073	4313.4420
December	4327.0017	4302.4600	4315.3294