YEARLY HIGH
88.9194 DJF
YEARLY LOW
87.5849 DJF
YEARLY AVERAGE
88.2403 DJF

2024 BZD to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BZD to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on June 8, valuing the pair at 88.9194. Conversely, the yearly low was recorded on May 13, dropping to 87.5849.

This high-to-low spread represents a total annual volatility of 1.3346 DJF. From a start-to-finish perspective, comparing the January average rate of 88.2773 to the December average rate of 88.3924, the exchange rate registered a net change of 0.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 88.9194 was down 0.25% compared to the 2023 peak of 89.1463, 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 444,597 DJF
2023 Average 441,357 DJF
Yearly Trough Low 437,924 DJF
Transaction Impact: A difference of 6,672.78 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

88.4144
88.1501
JanuMarcMayJulySeptNove

BZD to DJF 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 88.2362, compared to 88.2443 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0081 points.

H1 Avg (Jan–Jun) 88.2362
H2 Avg (Jul–Dec) 88.2443

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 1.0920 DJF (High: 88.9194 / Low: 87.8275). On the other end, April was the most stable month, with a tight range of 0.2821 DJF (High: 88.3465 / Low: 88.0645).

June Spread (Volatile) ±1.0920
April Spread (Stable) ±0.2821

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0812 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0812

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 88.2070) against the same month in 2023 (average: 88.3076), the exchange rate shifted by -0.1006 (-0.11%).

2024 Avg (June) 88.2070
2023 Avg (June) 88.3076

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 88.5999 87.9742 88.2773
February 88.4353 88.1302 88.2625
March 88.3631 88.0650 88.2383
April 88.3465 88.0645 88.2471
May 88.5740 87.5849 88.1850
June 88.9194 87.8275 88.2070
July 88.3426 88.0557 88.2480
August 88.6576 87.5932 88.1873
September 88.7884 88.0617 88.2533
October 88.3463 87.8028 88.1721
November 88.7972 87.9913 88.2130
December 88.6499 88.1290 88.3924