2024 BND to GBP Historical Review

YEARLY HIGH

0.5977 GBP

YEARLY LOW

0.5728 GBP

YEARLY AVERAGE

0.5857 GBP

2024 BND to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BND to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.5977. Conversely, the yearly low was recorded on July 12, dropping to 0.5728.

This high-to-low spread represents a total annual volatility of 0.0249 GBP. From a start-to-finish perspective, comparing the January average rate of 0.5894 to the December average rate of 0.5863, the exchange rate registered a net change of -0.53% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5977 was down 5.63% compared to the 2023 peak of 0.6333, 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 2,988 GBP

2023 Average 2,995 GBP

Yearly Trough Low 2,864 GBP

Transaction Impact: A difference of 124.32 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5907

0.5760

JanuMarcMayJulySeptNove

BND to GBP 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 0.5871, compared to 0.5844 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0027 points.

H1 Avg (Jan–Jun) 0.5871

H2 Avg (Jul–Dec) 0.5844

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0160 GBP (High: 0.5941 / Low: 0.5781). On the other end, February was the most stable month, with a tight range of 0.0063 GBP (High: 0.5927 / Low: 0.5864).

August Spread (Volatile) ±0.0160

February Spread (Stable) ±0.0063

Growth Streaks & Declines

Trends

Between September and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0049 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0049

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.5894) against the same month in 2023 (average: 0.6156), the exchange rate shifted by -0.0261 (-4.24%).

2024 Avg (January) 0.5894

2023 Avg (January) 0.6156

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5977	0.5854	0.5894
February	0.5927	0.5864	0.5888
March	0.5908	0.5812	0.5870
April	0.5945	0.5851	0.5895
May	0.5914	0.5804	0.5857
June	0.5850	0.5780	0.5821
July	0.5834	0.5728	0.5772
August	0.5941	0.5781	0.5872
September	0.5893	0.5777	0.5835
October	0.5878	0.5798	0.5851
November	0.5924	0.5807	0.5871
December	0.5891	0.5824	0.5863