2024 BZD to SYP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 BZD to SYP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the BZD to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 6494.1519. Conversely, the yearly low was recorded on February 4, dropping to 1235.1744.
This high-to-low spread represents a total annual volatility of 5258.9775 SYP. From a start-to-finish perspective, comparing the January average rate of 1246.6834 to the December average rate of 3101.7890, the exchange rate registered a net change of 148.80% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 6494.1519 was up 413.70% compared to the 2023 peak of 1264.1807, 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 SYP 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 1246.7662, compared to 1555.7427 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 308.9765 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was December, with a trading range of 5249.5156 SYP (High: 6494.1519 / Low: 1244.6364). On the other end, July was the most stable month, with a tight range of 4.7011 SYP (High: 1250.0840 / Low: 1245.3828).
Growth Streaks & Declines
TrendsBetween 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 August and September, when the average rate fell by 1.3030 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 3101.7890) against the same month in 2023 (average: 1245.1897), the exchange rate shifted by +1856.5993 (+149.10%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1249.9838 | 1242.9862 | 1246.6834 |
| February | 1249.0561 | 1235.1744 | 1246.2752 |
| March | 1252.0587 | 1243.2199 | 1247.2221 |
| April | 1249.8452 | 1243.4260 | 1246.9863 |
| May | 1253.0447 | 1245.1872 | 1246.9918 |
| June | 1249.4486 | 1238.3492 | 1246.4382 |
| July | 1250.0840 | 1245.3828 | 1246.9028 |
| August | 1257.8197 | 1243.0335 | 1247.5841 |
| September | 1249.5723 | 1244.3873 | 1246.2811 |
| October | 1247.5521 | 1241.4011 | 1245.6734 |
| November | 1252.1267 | 1239.5619 | 1246.2256 |
| December | 6494.1519 | 1244.6364 | 3101.7890 |