2024 BGN to CDF Historical Review

YEARLY HIGH

1636.1004 CDF

YEARLY LOW

1481.7208 CDF

YEARLY AVERAGE

1557.5635 CDF

2024 BGN to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BGN to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 1636.1004. Conversely, the yearly low was recorded on January 20, dropping to 1481.7208.

This high-to-low spread represents a total annual volatility of 154.3796 CDF. From a start-to-finish perspective, comparing the January average rate of 1518.1034 to the December average rate of 1528.4656, the exchange rate registered a net change of 0.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1636.1004 was up 4.08% compared to the 2023 peak of 1571.9247, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,180,502 CDF

2023 Average 6,465,169 CDF

Yearly Trough Low 7,408,604 CDF

Transaction Impact: A difference of 771,898.13 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1627.7720

1508.1335

JanuMarcMayJulySeptNove

BGN to CDF 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 1535.9358, compared to 1579.1913 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 43.2555 points.

H1 Avg (Jan–Jun) 1535.9358

H2 Avg (Jul–Dec) 1579.1913

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 67.3981 CDF (High: 1589.6442 / Low: 1522.2461). On the other end, March was the most stable month, with a tight range of 21.7012 CDF (High: 1553.1656 / Low: 1531.4643).

November Spread (Volatile) ±67.3981

March Spread (Stable) ±21.7012

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 36.3881 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -36.3881

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 1617.8022) against the same month in 2023 (average: 1355.8385), the exchange rate shifted by +261.9637 (+19.32%).

2024 Avg (September) 1617.8022

2023 Avg (September) 1355.8385

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1545.2810	1481.7208	1518.1034
February	1535.6714	1507.1567	1521.0792
March	1553.1656	1531.4643	1541.9140
April	1562.7153	1511.7739	1530.6887
May	1567.2138	1523.7160	1545.4446
June	1574.5278	1544.1136	1558.3848
July	1598.8648	1561.5223	1577.9482
August	1632.0533	1574.2947	1605.6892
September	1636.1004	1598.3907	1617.8022
October	1615.4728	1567.6043	1590.8152
November	1589.6442	1522.2461	1554.4271
December	1550.6550	1508.1100	1528.4656