YEARLY HIGH
125.3299 YER
YEARLY LOW
123.0735 YER
YEARLY AVERAGE
124.1992 YER

2024 BZD to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BZD to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 125.3299. Conversely, the yearly low was recorded on February 4, dropping to 123.0735.

This high-to-low spread represents a total annual volatility of 2.2564 YER. From a start-to-finish perspective, comparing the January average rate of 124.2172 to the December average rate of 124.2804, the exchange rate registered a net change of 0.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 125.3299 was down 0.48% compared to the 2023 peak of 125.9385, 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 626,650 YER
2023 Average 621,257 YER
Yearly Trough Low 615,368 YER
Transaction Impact: A difference of 11,282.20 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

124.3401
123.9268
JanuMarcMayJulySeptNove

BZD to YER 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 124.2190, compared to 124.1793 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0397 points.

H1 Avg (Jan–Jun) 124.2190
H2 Avg (Jul–Dec) 124.1793

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 1.4857 YER (High: 125.3299 / Low: 123.8442). On the other end, July was the most stable month, with a tight range of 0.4436 YER (High: 124.5467 / Low: 124.1031).

August Spread (Volatile) ±1.4857
July Spread (Stable) ±0.4436

Growth Streaks & Declines

Trends

Between 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 October and November, when the average rate fell by 0.1559 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1559

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 124.3056) against the same month in 2023 (average: 124.1803), the exchange rate shifted by +0.1253 (+0.10%).

2024 Avg (August) 124.3056
2023 Avg (August) 124.1803

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 124.5740 123.7925 124.2172
February 124.4567 123.0735 124.1518
March 124.7808 123.8875 124.2790
April 124.5584 123.8648 124.2602
May 124.6296 123.8641 124.2001
June 124.4896 123.4268 124.2059
July 124.5467 124.1031 124.2407
August 125.3299 123.8442 124.3056
September 124.5081 123.9915 124.1707
October 124.2944 123.6693 124.1172
November 124.5135 123.2517 123.9612
December 124.7835 123.9685 124.2804