YEARLY HIGH
0.7152 EUR
YEARLY LOW
0.6792 EUR
YEARLY AVERAGE
0.6918 EUR

2024 BND to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BND to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.7152. Conversely, the yearly low was recorded on June 3, dropping to 0.6792.

This high-to-low spread represents a total annual volatility of 0.0360 EUR. From a start-to-finish perspective, comparing the January average rate of 0.6866 to the December average rate of 0.7074, the exchange rate registered a net change of 3.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.7152 was up 0.85% compared to the 2023 peak of 0.7092, 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 3,576 EUR
2023 Average 3,442 EUR
Yearly Trough Low 3,396 EUR
Transaction Impact: A difference of 180.06 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7097
0.6820
JanuMarcMayJulySeptNove

BND to EUR 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 0.6869, compared to 0.6967 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0098 points.

H1 Avg (Jan–Jun) 0.6869
H2 Avg (Jul–Dec) 0.6967

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0177 EUR (High: 0.7124 / Low: 0.6947). On the other end, July was the most stable month, with a tight range of 0.0070 EUR (High: 0.6877 / Low: 0.6807).

November Spread (Volatile) ±0.0177
July Spread (Stable) ±0.0070

Growth Streaks & Declines

Trends

Between July and December, 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 April and May, when the average rate fell by 0.0034 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0034

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.7074) against the same month in 2023 (average: 0.6872), the exchange rate shifted by +0.0202 (+2.94%).

2024 Avg (December) 0.7074
2023 Avg (December) 0.6872

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6918 0.6834 0.6866
February 0.6942 0.6858 0.6890
March 0.6899 0.6801 0.6862
April 0.6930 0.6830 0.6878
May 0.6894 0.6800 0.6844
June 0.6917 0.6792 0.6873
July 0.6877 0.6807 0.6843
August 0.6947 0.6821 0.6895
September 0.7009 0.6907 0.6943
October 0.7044 0.6952 0.7004
November 0.7124 0.6947 0.7042
December 0.7152 0.7042 0.7074