YEARLY HIGH
106.9830 GYD
YEARLY LOW
103.6579 GYD
YEARLY AVERAGE
104.6118 GYD

2024 BBD to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BBD to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 106.9830. Conversely, the yearly low was recorded on August 4, dropping to 103.6579.

This high-to-low spread represents a total annual volatility of 3.3250 GYD. From a start-to-finish perspective, comparing the January average rate of 104.6376 to the December average rate of 104.5588, the exchange rate registered a net change of -0.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 106.9830 was up 0.47% compared to the 2023 peak of 106.4828, 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 534,915 GYD
2023 Average 525,343 GYD
Yearly Trough Low 518,290 GYD
Transaction Impact: A difference of 16,625.19 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

104.6885
104.5026
JanuMarcMayJulySeptNove

BBD to GYD 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 104.6325, compared to 104.5911 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0414 points.

H1 Avg (Jan–Jun) 104.6325
H2 Avg (Jul–Dec) 104.5911

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 2.8410 GYD (High: 106.9830 / Low: 104.1419). On the other end, September was the most stable month, with a tight range of 0.4352 GYD (High: 104.7838 / Low: 104.3486).

March Spread (Volatile) ±2.8410
September Spread (Stable) ±0.4352

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0562 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0562

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 104.6730) against the same month in 2023 (average: 105.3459), the exchange rate shifted by -0.6729 (-0.64%).

2024 Avg (March) 104.6730
2023 Avg (March) 105.3459

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 104.9839 104.3125 104.6376
February 105.5647 104.3871 104.6509
March 106.9830 104.1419 104.6730
April 104.8638 104.3272 104.6272
May 104.8483 104.0613 104.5976
June 105.2970 104.3257 104.6086
July 104.7018 104.2623 104.5737
August 104.8938 103.6579 104.5181
September 104.7838 104.3486 104.6206
October 105.0353 104.4699 104.6603
November 105.1942 104.1311 104.6151
December 104.7266 104.1884 104.5588