YEARLY HIGH
3.4823 PLN
YEARLY LOW
2.8982 PLN
YEARLY AVERAGE
2.9801 PLN

2024 BND to PLN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BND to PLN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 3.4823. Conversely, the yearly low was recorded on May 15, dropping to 2.8982.

This high-to-low spread represents a total annual volatility of 0.5841 PLN. From a start-to-finish perspective, comparing the January average rate of 3.0110 to the December average rate of 3.0200, the exchange rate registered a net change of 0.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 3.4823 was up 3.51% compared to the 2023 peak of 3.3643, 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 17,412 PLN
2023 Average 15,635 PLN
Yearly Trough Low 14,491 PLN
Transaction Impact: A difference of 2,920.68 PLN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

3.0633
2.9180
JanuMarcMayJulySeptNove

BND to PLN 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 2.9681, compared to 2.9921 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0240 points.

H1 Avg (Jan–Jun) 2.9681
H2 Avg (Jul–Dec) 2.9921

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.5129 PLN (High: 3.4823 / Low: 2.9694). On the other end, March was the most stable month, with a tight range of 0.0438 PLN (High: 2.9761 / Low: 2.9323).

January Spread (Volatile) ±0.5129
March Spread (Stable) ±0.0438

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0402 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0402

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 3.0110) against the same month in 2023 (average: 3.2671), the exchange rate shifted by -0.2561 (-7.84%).

2024 Avg (January) 3.0110
2023 Avg (January) 3.2671

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.4823 2.9694 3.0110
February 3.0121 2.9563 2.9797
March 2.9761 2.9323 2.9562
April 3.0141 2.9140 2.9599
May 2.9806 2.8982 2.9316
June 3.0299 2.9025 2.9703
July 2.9665 2.8996 2.9301
August 2.9916 2.9074 2.9582
September 3.0024 2.9493 2.9696
October 3.0526 3.0010 3.0237
November 3.0899 3.0118 3.0512
December 3.0523 3.0003 3.0200