YEARLY HIGH
2.1096 XCD
YEARLY LOW
1.9802 XCD
YEARLY AVERAGE
2.0230 XCD

2024 BND to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BND to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 2.1096. Conversely, the yearly low was recorded on May 1, dropping to 1.9802.

This high-to-low spread represents a total annual volatility of 0.1294 XCD. From a start-to-finish perspective, comparing the January average rate of 2.0244 to the December average rate of 2.0019, the exchange rate registered a net change of -1.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.1096 was up 1.97% compared to the 2023 peak of 2.0690, 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 10,548 XCD
2023 Average 10,066 XCD
Yearly Trough Low 9,901 XCD
Transaction Impact: A difference of 647.02 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.0938
1.9837
JanuMarcMayJulySeptNove

BND to XCD 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 2.0070, compared to 2.0389 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0319 points.

H1 Avg (Jan–Jun) 2.0070
H2 Avg (Jul–Dec) 2.0389

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0620 XCD (High: 2.1006 / Low: 2.0386). On the other end, June was the most stable month, with a tight range of 0.0181 XCD (High: 2.0091 / Low: 1.9910).

October Spread (Volatile) ±0.0620
June Spread (Stable) ±0.0181

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0401 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0401

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 2.0847) against the same month in 2023 (average: 1.9838), the exchange rate shifted by +0.1009 (+5.08%).

2024 Avg (September) 2.0847
2023 Avg (September) 1.9838

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.0426 2.0110 2.0244
February 2.0235 2.0022 2.0099
March 2.0319 2.0002 2.0161
April 2.0081 1.9806 1.9929
May 2.0159 1.9802 2.0001
June 2.0091 1.9910 1.9990
July 2.0185 1.9890 2.0075
August 2.0822 2.0214 2.0542
September 2.1096 2.0639 2.0847
October 2.1006 2.0386 2.0627
November 2.0527 2.0027 2.0226
December 2.0212 1.9825 2.0019