YEARLY HIGH
138.7639 DJF
YEARLY LOW
130.1790 DJF
YEARLY AVERAGE
133.1036 DJF

2024 BND to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BND to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 138.7639. Conversely, the yearly low was recorded on May 1, dropping to 130.1790.

This high-to-low spread represents a total annual volatility of 8.5849 DJF. From a start-to-finish perspective, comparing the January average rate of 133.2657 to the December average rate of 131.7499, the exchange rate registered a net change of -1.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 138.7639 was up 1.91% compared to the 2023 peak of 136.1660, 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 693,819 DJF
2023 Average 662,379 DJF
Yearly Trough Low 650,895 DJF
Transaction Impact: A difference of 42,924.71 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

137.8544
130.5027
JanuMarcMayJulySeptNove

BND to DJF 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 132.0546, compared to 134.1526 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.0980 points.

H1 Avg (Jan–Jun) 132.0546
H2 Avg (Jul–Dec) 134.1526

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 4.1542 DJF (High: 138.1717 / Low: 134.0176). On the other end, February was the most stable month, with a tight range of 1.7790 DJF (High: 133.6249 / Low: 131.8459).

October Spread (Volatile) ±4.1542
February Spread (Stable) ±1.7790

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 2.6366 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -2.6366

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 137.2417) against the same month in 2023 (average: 130.6702), the exchange rate shifted by +6.5716 (+5.03%).

2024 Avg (September) 137.2417
2023 Avg (September) 130.6702

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 134.4053 132.2731 133.2657
February 133.6249 131.8459 132.3330
March 133.7546 131.6394 132.6040
April 132.1236 130.2671 131.1154
May 132.2901 130.1790 131.4951
June 133.2154 130.6640 131.5145
July 132.7497 130.8256 132.0874
August 136.6627 132.6098 134.9969
September 138.7639 135.7571 137.2417
October 138.1717 134.0176 135.7381
November 135.0161 131.5361 133.1015
December 132.9636 130.4462 131.7499