2024 BND to SZL Historical Review

YEARLY HIGH

14.3470 SZL

YEARLY LOW

13.1308 SZL

YEARLY AVERAGE

13.7093 SZL

2024 BND to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BND to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 14.3470. Conversely, the yearly low was recorded on December 12, dropping to 13.1308.

This high-to-low spread represents a total annual volatility of 1.2163 SZL. From a start-to-finish perspective, comparing the January average rate of 14.0693 to the December average rate of 13.4983, 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 14.3470 was down 1.97% compared to the 2023 peak of 14.6348, 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 71,735 SZL

2023 Average 68,688 SZL

Yearly Trough Low 65,654 SZL

Transaction Impact: A difference of 6,081.33 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

14.1771

13.3278

JanuMarcMayJulySeptNove

BND to SZL 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 13.8968, compared to 13.5219 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3749 points.

H1 Avg (Jan–Jun) 13.8968

H2 Avg (Jul–Dec) 13.5219

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.9423 SZL (High: 14.1475 / Low: 13.2052). On the other end, October was the most stable month, with a tight range of 0.2238 SZL (High: 13.5138 / Low: 13.2900).

June Spread (Volatile) ±0.9423

October Spread (Stable) ±0.2238

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.2870 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.2870

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 14.1063) against the same month in 2023 (average: 13.4403), the exchange rate shifted by +0.6660 (+4.95%).

2024 Avg (February) 14.1063

2023 Avg (February) 13.4403

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	14.2724	13.9340	14.0693
February	14.3470	13.8319	14.1063
March	14.2359	13.9526	14.0554
April	14.1045	13.7248	13.9032
May	13.7734	13.4603	13.6162
June	14.1475	13.2052	13.6305
July	13.7526	13.3187	13.5404
August	14.0573	13.5320	13.6999
September	13.7400	13.3754	13.5895
October	13.5138	13.2900	13.4046
November	13.5817	13.1721	13.3985
December	13.8318	13.1308	13.4983