YEARLY HIGH
106.1700 GYD
YEARLY LOW
103.6182 GYD
YEARLY AVERAGE
103.8258 GYD

2024 BZD to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BZD to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 106.1700. Conversely, the yearly low was recorded on June 23, dropping to 103.6182.

This high-to-low spread represents a total annual volatility of 2.5518 GYD. From a start-to-finish perspective, comparing the January average rate of 103.8394 to the December average rate of 103.9275, the exchange rate registered a net change of 0.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 106.1700 was down 0.14% compared to the 2023 peak of 106.3194, 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 530,850 GYD
2023 Average 521,528 GYD
Yearly Trough Low 518,091 GYD
Transaction Impact: A difference of 12,759.11 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

103.9425
103.7627
JanuMarcMayJulySeptNove

BZD to GYD 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 103.8411, compared to 103.8104 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0307 points.

H1 Avg (Jan–Jun) 103.8411
H2 Avg (Jul–Dec) 103.8104

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 2.3819 GYD (High: 106.1700 / Low: 103.7881). On the other end, October was the most stable month, with a tight range of 0.0812 GYD (High: 103.7960 / Low: 103.7148).

March Spread (Volatile) ±2.3819
October Spread (Stable) ±0.0812

Growth Streaks & Declines

Trends

Between June and August, 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 March and April, when the average rate fell by 0.0649 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0649

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 103.9192) against the same month in 2023 (average: 104.7864), the exchange rate shifted by -0.8672 (-0.83%).

2024 Avg (March) 103.9192
2023 Avg (March) 104.7864

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 103.8792 103.7852 103.8394
February 103.8830 103.7881 103.8183
March 106.1700 103.7881 103.9192
April 104.0707 103.7869 103.8543
May 104.1167 103.7864 103.8254
June 103.8506 103.6182 103.7901
July 103.9007 103.7438 103.7943
August 103.9166 103.7314 103.7953
September 103.8244 103.7383 103.7891
October 103.7960 103.7148 103.7777
November 103.8822 103.6839 103.7788
December 104.3000 103.7463 103.9275