2024 CNY to BBD Historical Review

YEARLY HIGH

0.2853 BBD

YEARLY LOW

0.2740 BBD

YEARLY AVERAGE

0.2787 BBD

2024 CNY to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CNY to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 0.2853. Conversely, the yearly low was recorded on December 30, dropping to 0.2740.

This high-to-low spread represents a total annual volatility of 0.0113 BBD. From a start-to-finish perspective, comparing the January average rate of 0.2813 to the December average rate of 0.2747, the exchange rate registered a net change of -2.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2853 was down 4.38% compared to the 2023 peak of 0.2984, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 7,133 BBD

2023 Average 7,073 BBD

Yearly Trough Low 6,850 BBD

Transaction Impact: A difference of 282.51 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2835

0.2739

JanuMarcMayJulySeptNove

CNY to BBD 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 0.2786, compared to 0.2788 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.2786

H2 Avg (Jul–Dec) 0.2788

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0067 BBD (High: 0.2828 / Low: 0.2761). On the other end, December was the most stable month, with a tight range of 0.0022 BBD (High: 0.2762 / Low: 0.2740).

May Spread (Volatile) ±0.0067

December Spread (Stable) ±0.0022

Growth Streaks & Declines

Trends

Between July and September, 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 October and November, when the average rate fell by 0.0045 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0045

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.2827) against the same month in 2023 (average: 0.2742), the exchange rate shifted by +0.0085 (+3.09%).

2024 Avg (September) 0.2827

2023 Avg (September) 0.2742

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2825	0.2780	0.2813
February	0.2817	0.2778	0.2794
March	0.2804	0.2767	0.2779
April	0.2820	0.2760	0.2767
May	0.2828	0.2761	0.2791
June	0.2818	0.2752	0.2772
July	0.2802	0.2749	0.2756
August	0.2820	0.2761	0.2799
September	0.2853	0.2808	0.2827
October	0.2850	0.2805	0.2821
November	0.2817	0.2760	0.2776
December	0.2762	0.2740	0.2747