YEARLY HIGH
4307.4245 GNF
YEARLY LOW
4251.0458 GNF
YEARLY AVERAGE
4273.5584 GNF

2024 BZD to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BZD to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 4307.4245. Conversely, the yearly low was recorded on April 29, dropping to 4251.0458.

This high-to-low spread represents a total annual volatility of 56.3787 GNF. From a start-to-finish perspective, comparing the January average rate of 4264.7409 to the December average rate of 4289.2783, the exchange rate registered a net change of 0.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 4307.4245 was down 1.38% compared to the 2023 peak of 4367.6705, 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 21,537,123 GNF
2023 Average 21,389,940 GNF
Yearly Trough Low 21,255,229 GNF
Transaction Impact: A difference of 281,893.38 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

4291.8295
4261.2145
JanuMarcMayJulySeptNove

BZD to GNF 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 4265.7872, compared to 4281.3297 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 15.5425 points.

H1 Avg (Jan–Jun) 4265.7872
H2 Avg (Jul–Dec) 4281.3297

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 42.8205 GNF (High: 4294.4116 / Low: 4251.5911). On the other end, June was the most stable month, with a tight range of 7.7740 GNF (High: 4272.1822 / Low: 4264.4082).

February Spread (Volatile) ±42.8205
June Spread (Stable) ±7.7740

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 3.4985 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -3.4985

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 4282.4395) against the same month in 2023 (average: 4269.8366), the exchange rate shifted by +12.6029 (+0.30%).

2024 Avg (October) 4282.4395
2023 Avg (October) 4269.8366

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4280.1925 4255.7598 4264.7409
February 4294.4116 4251.5911 4267.0243
March 4285.3719 4262.6380 4265.6973
April 4275.7565 4251.0458 4263.7657
May 4276.2691 4263.0030 4264.9574
June 4272.1822 4264.4082 4268.5373
July 4291.0114 4265.3029 4272.3500
August 4284.6636 4275.6295 4279.0103
September 4291.4542 4278.2994 4285.9380
October 4307.4245 4278.4557 4282.4395
November 4298.6264 4271.9076 4278.9618
December 4303.1605 4275.1917 4289.2783