YEARLY HIGH
1430.2729 CDF
YEARLY LOW
1318.8007 CDF
YEARLY AVERAGE
1397.0381 CDF

2024 BZD to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BZD to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 1430.2729. Conversely, the yearly low was recorded on January 20, dropping to 1318.8007.

This high-to-low spread represents a total annual volatility of 111.4722 CDF. From a start-to-finish perspective, comparing the January average rate of 1350.5434 to the December average rate of 1418.4663, the exchange rate registered a net change of 5.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1430.2729 was up 3.21% compared to the 2023 peak of 1385.8500, 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 7,151,365 CDF
2023 Average 5,800,099 CDF
Yearly Trough Low 6,594,004 CDF
Transaction Impact: A difference of 557,361.02 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1425.7599
1343.7055
JanuMarcMayJulySeptNove

BZD to CDF 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 1378.7765, compared to 1415.2997 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 36.5232 points.

H1 Avg (Jan–Jun) 1378.7765
H2 Avg (Jul–Dec) 1415.2997

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 45.7863 CDF (High: 1364.5871 / Low: 1318.8007). On the other end, March was the most stable month, with a tight range of 13.1554 CDF (High: 1386.9201 / Low: 1373.7647).

January Spread (Volatile) ±45.7863
March Spread (Stable) ±13.1554

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 1.7861 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -1.7861

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 1418.9220) against the same month in 2023 (average: 1263.1441), the exchange rate shifted by +155.7779 (+12.33%).

2024 Avg (November) 1418.9220
2023 Avg (November) 1263.1441

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1364.5871 1318.8007 1350.5434
February 1374.4014 1356.2088 1367.1902
March 1386.9201 1373.7647 1377.1321
April 1399.5017 1379.6971 1385.4696
May 1402.5656 1382.1663 1387.4339
June 1414.1710 1387.8320 1404.8898
July 1424.9420 1402.7850 1411.3160
August 1427.0561 1398.5445 1414.6195
September 1421.5251 1406.3631 1412.8334
October 1427.4465 1407.6728 1415.6409
November 1430.2729 1411.1506 1418.9220
December 1427.9771 1411.4329 1418.4663