2024 BND to NAD Historical Review

YEARLY HIGH

14.3776 NAD

YEARLY LOW

13.1287 NAD

YEARLY AVERAGE

13.7153 NAD

2024 BND to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BND to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 14.3776. Conversely, the yearly low was recorded on December 12, dropping to 13.1287.

This high-to-low spread represents a total annual volatility of 1.2490 NAD. From a start-to-finish perspective, comparing the January average rate of 14.0713 to the December average rate of 13.5004, the exchange rate registered a net change of -4.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 14.3776 was down 2.69% compared to the 2023 peak of 14.7750, 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 71,888 NAD

2023 Average 68,898 NAD

Yearly Trough Low 65,643 NAD

Transaction Impact: A difference of 6,244.91 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

14.1805

13.3440

JanuMarcMayJulySeptNove

BND to NAD 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 13.9018, compared to 13.5288 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3730 points.

H1 Avg (Jan–Jun) 13.9018

H2 Avg (Jul–Dec) 13.5288

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.9388 NAD (High: 14.1508 / Low: 13.2120). On the other end, October was the most stable month, with a tight range of 0.2092 NAD (High: 13.5193 / Low: 13.3101).

June Spread (Volatile) ±0.9388

October Spread (Stable) ±0.2092

Growth Streaks & Declines

Trends

Between October and December, 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 April and May, when the average rate fell by 0.3223 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.3223

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 14.1108) against the same month in 2023 (average: 13.4235), the exchange rate shifted by +0.6873 (+5.12%).

2024 Avg (February) 14.1108

2023 Avg (February) 13.4235

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	14.3008	13.9222	14.0713
February	14.3776	13.8319	14.1108
March	14.2386	13.9419	14.0646
April	14.1045	13.7339	13.9278
May	13.7069	13.4269	13.6055
June	14.1508	13.2120	13.6310
July	13.7527	13.3722	13.5459
August	14.0616	13.5376	13.7064
September	13.7361	13.3815	13.5886
October	13.5193	13.3101	13.4137
November	13.6060	13.1747	13.4178
December	13.8367	13.1287	13.5004