2024 BZD to SOS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 BZD to SOS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the BZD to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 285.4651. Conversely, the yearly low was recorded on August 3, dropping to 281.0999.
This high-to-low spread represents a total annual volatility of 4.3652 SOS. From a start-to-finish perspective, comparing the January average rate of 283.4441 to the December average rate of 283.9415, the exchange rate registered a net change of 0.18% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 285.4651 was up 0.08% compared to the 2023 peak of 285.2268, 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 SOS 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 283.5089, compared to 283.5162 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0074 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 3.4221 SOS (High: 284.5221 / Low: 281.0999). On the other end, April was the most stable month, with a tight range of 0.3981 SOS (High: 283.8047 / Low: 283.4067).
Growth Streaks & Declines
TrendsBetween 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 July and August, when the average rate fell by 0.1757 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2024: 283.5863) against the same month in 2023 (average: 282.0835), the exchange rate shifted by +1.5028 (+0.53%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 283.7562 | 282.4278 | 283.4441 |
| February | 285.4651 | 283.2199 | 283.5863 |
| March | 284.0289 | 283.4320 | 283.5863 |
| April | 283.8047 | 283.4067 | 283.5532 |
| May | 284.2932 | 282.0572 | 283.4264 |
| June | 285.4210 | 282.6540 | 283.4569 |
| July | 283.6859 | 283.0184 | 283.4672 |
| August | 284.5221 | 281.0999 | 283.2914 |
| September | 284.9487 | 282.9840 | 283.4589 |
| October | 283.5275 | 283.1104 | 283.4045 |
| November | 284.9853 | 283.1410 | 283.5338 |
| December | 284.9745 | 283.4593 | 283.9415 |