2024 BZD to INR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 BZD to INR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the BZD to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 42.7350. Conversely, the yearly low was recorded on February 4, dropping to 40.8026.
This high-to-low spread represents a total annual volatility of 1.9323 INR. From a start-to-finish perspective, comparing the January average rate of 41.2372 to the December average rate of 42.2464, the exchange rate registered a net change of 2.45% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 42.7350 was up 2.74% compared to the 2023 peak of 41.5972, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BZD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
BZD to INR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 41.3018, compared to 41.7449 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4431 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was December, with a trading range of 0.7762 INR (High: 42.7350 / Low: 41.9588). On the other end, July was the most stable month, with a tight range of 0.1929 INR (High: 41.5676 / Low: 41.3746).
Growth Streaks & Declines
TrendsBetween May and August, 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 0.0847 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 42.2464) against the same month in 2023 (average: 41.2550), the exchange rate shifted by +0.9914 (+2.40%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 41.3789 | 41.1412 | 41.2372 |
| February | 41.2225 | 40.8026 | 41.1557 |
| March | 41.6616 | 41.0225 | 41.2311 |
| April | 41.5844 | 41.2750 | 41.4001 |
| May | 41.5436 | 41.2365 | 41.3722 |
| June | 41.5491 | 41.1683 | 41.4146 |
| July | 41.5676 | 41.3746 | 41.4904 |
| August | 41.9196 | 41.5059 | 41.6522 |
| September | 41.7675 | 41.4068 | 41.5675 |
| October | 41.7471 | 41.5164 | 41.6684 |
| November | 42.0604 | 41.6316 | 41.8445 |
| December | 42.7350 | 41.9588 | 42.2464 |