2024 BND to CDF Historical Review

YEARLY HIGH

2233.7492 CDF

YEARLY LOW

1982.2196 CDF

YEARLY AVERAGE

2107.4728 CDF

2024 BND to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BND to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 2233.7492. Conversely, the yearly low was recorded on January 20, dropping to 1982.2196.

This high-to-low spread represents a total annual volatility of 251.5295 CDF. From a start-to-finish perspective, comparing the January average rate of 2038.8081 to the December average rate of 2114.2809, the exchange rate registered a net change of 3.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2233.7492 was up 6.28% compared to the 2023 peak of 2101.7286, 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 11,168,746 CDF

2023 Average 8,700,852 CDF

Yearly Trough Low 9,911,098 CDF

Transaction Impact: A difference of 1,257,647.72 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2212.9353

2022.9784

JanuMarcMayJulySeptNove

BND 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 2063.3632, compared to 2151.5824 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 88.2192 points.

H1 Avg (Jan–Jun) 2063.3632

H2 Avg (Jul–Dec) 2151.5824

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 86.9505 CDF (High: 2069.1701 / Low: 1982.2196). On the other end, February was the most stable month, with a tight range of 24.5296 CDF (High: 2062.1389 / Low: 2037.6093).

January Spread (Volatile) ±86.9505

February Spread (Stable) ±24.5296

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 38.3931 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -38.3931

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 2197.1056) against the same month in 2023 (average: 1823.1585), the exchange rate shifted by +373.9470 (+20.51%).

2024 Avg (September) 2197.1056

2023 Avg (September) 1823.1585

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2069.1701	1982.2196	2038.8081
February	2062.1389	2037.6093	2049.8361
March	2086.0160	2056.1828	2069.5356
April	2093.1643	2038.0094	2058.5064
May	2091.2916	2046.4411	2068.8472
June	2114.7921	2069.4005	2094.6459
July	2131.7880	2091.5237	2112.4125
August	2188.9468	2134.5219	2165.4468
September	2233.7492	2172.5269	2197.1056
October	2218.6739	2152.0088	2179.3209
November	2166.4892	2120.2178	2140.9278
December	2142.2400	2093.6704	2114.2809