YEARLY HIGH
0.7198 CAD
YEARLY LOW
0.6552 CAD
YEARLY AVERAGE
0.6800 CAD

2024 BZD to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BZD to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.7198. Conversely, the yearly low was recorded on January 1, dropping to 0.6552.

This high-to-low spread represents a total annual volatility of 0.0646 CAD. From a start-to-finish perspective, comparing the January average rate of 0.6658 to the December average rate of 0.7088, the exchange rate registered a net change of 6.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.7198 was up 3.88% compared to the 2023 peak of 0.6929, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BZD based on timing:

Yearly Peak High 3,599 CAD
2023 Average 3,351 CAD
Yearly Trough Low 3,276 CAD
Transaction Impact: A difference of 322.84 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7131
0.6615
JanuMarcMayJulySeptNove

BZD to CAD 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 0.6741, compared to 0.6860 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0119 points.

H1 Avg (Jan–Jun) 0.6741
H2 Avg (Jul–Dec) 0.6860

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0278 CAD (High: 0.6950 / Low: 0.6672). On the other end, May was the most stable month, with a tight range of 0.0066 CAD (High: 0.6813 / Low: 0.6747).

August Spread (Volatile) ±0.0278
May Spread (Stable) ±0.0066

Growth Streaks & Declines

Trends

Between January and April, 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 August and September, when the average rate fell by 0.0066 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0066

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.7088) against the same month in 2023 (average: 0.6646), the exchange rate shifted by +0.0442 (+6.64%).

2024 Avg (December) 0.7088
2023 Avg (December) 0.6646

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6712 0.6552 0.6658
February 0.6750 0.6622 0.6694
March 0.6790 0.6682 0.6722
April 0.6860 0.6714 0.6790
May 0.6813 0.6747 0.6783
June 0.6839 0.6762 0.6799
July 0.6873 0.6753 0.6807
August 0.6950 0.6672 0.6786
September 0.6749 0.6656 0.6720
October 0.6917 0.6700 0.6822
November 0.6992 0.6862 0.6936
December 0.7198 0.6951 0.7088