YEARLY HIGH
760.9921 ARS
YEARLY LOW
609.1581 ARS
YEARLY AVERAGE
685.1782 ARS

2024 BND to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BND to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 760.9921. Conversely, the yearly low was recorded on January 17, dropping to 609.1581.

This high-to-low spread represents a total annual volatility of 151.8339 ARS. From a start-to-finish perspective, comparing the January average rate of 612.4802 to the December average rate of 755.4485, the exchange rate registered a net change of 23.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 760.9921 was up 24.06% compared to the 2023 peak of 613.3852, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,804,960 ARS
2023 Average 1,102,285 ARS
Yearly Trough Low 3,045,791 ARS
Transaction Impact: A difference of 759,169.70 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

769.7454
598.1834
JanuMarcMayJulySeptNove

BND to ARS 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 638.4688, compared to 731.8876 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 93.4188 points.

H1 Avg (Jan–Jun) 638.4688
H2 Avg (Jul–Dec) 731.8876

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 32.3521 ARS (High: 729.2662 / Low: 696.9141). On the other end, January was the most stable month, with a tight range of 8.5223 ARS (High: 617.6805 / Low: 609.1581).

August Spread (Volatile) ±32.3521
January Spread (Stable) ±8.5223

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 755.4485) against the same month in 2023 (average: 475.0449), the exchange rate shifted by +280.4037 (+59.03%).

2024 Avg (December) 755.4485
2023 Avg (December) 475.0449

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 617.6805 609.1581 612.4802
February 626.5715 614.6915 620.3300
March 638.3355 625.5980 634.4818
April 644.7716 633.9121 639.8975
May 662.4499 639.5384 655.3103
June 672.6162 661.9678 668.3127
July 693.2957 672.8555 684.8710
August 729.2662 696.9141 715.0032
September 756.1457 728.1901 740.7577
October 753.7800 743.9514 747.3971
November 755.5988 740.6010 747.8481
December 760.9921 751.3658 755.4485