2024 CAD to BND Historical Review

YEARLY HIGH

1.0008 BND

YEARLY LOW

0.9340 BND

YEARLY AVERAGE

0.9753 BND

2024 CAD to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CAD to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on February 8, valuing the pair at 1.0008. Conversely, the yearly low was recorded on December 18, dropping to 0.9340.

This high-to-low spread represents a total annual volatility of 0.0668 BND. From a start-to-finish perspective, comparing the January average rate of 0.9950 to the December average rate of 0.9466, the exchange rate registered a net change of -4.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.0008 was down 2.70% compared to the 2023 peak of 1.0286, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 CAD based on timing:

Yearly Peak High 5,004 BND

2023 Average 4,973 BND

Yearly Trough Low 4,670 BND

Transaction Impact: A difference of 334.05 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.0014

0.9417

JanuMarcMayJulySeptNove

CAD to BND 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 0.9913, compared to 0.9593 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0320 points.

H1 Avg (Jan–Jun) 0.9913

H2 Avg (Jul–Dec) 0.9593

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0248 BND (High: 0.9947 / Low: 0.9700). On the other end, January was the most stable month, with a tight range of 0.0108 BND (High: 1.0001 / Low: 0.9892).

July Spread (Volatile) ±0.0248

January Spread (Stable) ±0.0108

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0189 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0189

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.9964) against the same month in 2023 (average: 0.9897), the exchange rate shifted by +0.0068 (+0.68%).

2024 Avg (February) 0.9964

2023 Avg (February) 0.9897

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0001	0.9892	0.9950
February	1.0008	0.9894	0.9964
March	0.9985	0.9832	0.9900
April	0.9991	0.9829	0.9913
May	0.9951	0.9826	0.9887
June	0.9919	0.9765	0.9864
July	0.9947	0.9700	0.9816
August	0.9695	0.9504	0.9627
September	0.9683	0.9471	0.9569
October	0.9597	0.9472	0.9522
November	0.9671	0.9467	0.9556
December	0.9573	0.9340	0.9466