2024 BBD to YER Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 BBD to YER Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the BBD to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on April 7, valuing the pair at 125.2250. Conversely, the yearly low was recorded on February 21, dropping to 124.4125.
This high-to-low spread represents a total annual volatility of 0.8125 YER. From a start-to-finish perspective, comparing the January average rate of 125.1719 to the December average rate of 125.0353, the exchange rate registered a net change of -0.11% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 125.2250 was up 0.01% compared to the 2023 peak of 125.2125, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BBD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
BBD to YER Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 125.1654, compared to 125.1129 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0526 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was February, with a trading range of 0.7750 YER (High: 125.1875 / Low: 124.4125). On the other end, September was the most stable month, with a tight range of 0.0485 YER (High: 125.1875 / Low: 125.1390).
Growth Streaks & Declines
TrendsBetween February and April, 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 October and November, when the average rate fell by 0.2127 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2024: 125.1848) against the same month in 2023 (average: 125.1679), the exchange rate shifted by +0.0169 (+0.01%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 125.2000 | 125.1150 | 125.1719 |
| February | 125.1875 | 124.4125 | 125.1470 |
| March | 125.2000 | 125.1500 | 125.1800 |
| April | 125.2250 | 125.1437 | 125.1848 |
| May | 125.2250 | 124.9250 | 125.1238 |
| June | 125.2125 | 125.1500 | 125.1852 |
| July | 125.2000 | 125.1500 | 125.1735 |
| August | 125.2000 | 124.9125 | 125.1706 |
| September | 125.1875 | 125.1390 | 125.1655 |
| October | 125.2000 | 125.1380 | 125.1725 |
| November | 125.1750 | 124.8875 | 124.9598 |
| December | 125.2000 | 124.9106 | 125.0353 |