YEARLY HIGH
2.2405 BBD
YEARLY LOW
2.0700 BBD
YEARLY AVERAGE
2.1644 BBD

2024 EUR to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the EUR to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 23, valuing the pair at 2.2405. Conversely, the yearly low was recorded on December 31, dropping to 2.0700.

This high-to-low spread represents a total annual volatility of 0.1705 BBD. From a start-to-finish perspective, comparing the January average rate of 2.1821 to the December average rate of 2.0944, the exchange rate registered a net change of -4.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.2405 was down 0.36% compared to the 2023 peak of 2.2487, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,203 BBD
2023 Average 10,824 BBD
Yearly Trough Low 10,350 BBD
Transaction Impact: A difference of 852.61 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.2348
2.0817
JanuMarcMayJulySeptNove

EUR 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 2.1624, compared to 2.1663 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0038 points.

H1 Avg (Jan–Jun) 2.1624
H2 Avg (Jul–Dec) 2.1663

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.1032 BBD (High: 2.1868 / Low: 2.0836). On the other end, March was the most stable month, with a tight range of 0.0324 BBD (High: 2.1906 / Low: 2.1582).

November Spread (Volatile) ±0.1032
March Spread (Stable) ±0.0324

Growth Streaks & Declines

Trends

Between June and September, 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 0.0537 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0537

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 2.2049) against the same month in 2023 (average: 2.1820), the exchange rate shifted by +0.0229 (+1.05%).

2024 Avg (August) 2.2049
2023 Avg (August) 2.1820

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.2073 2.1609 2.1821
February 2.1749 2.1417 2.1589
March 2.1906 2.1582 2.1742
April 2.1724 2.1242 2.1443
May 2.1777 2.1436 2.1627
June 2.1815 2.1361 2.1524
July 2.1881 2.1473 2.1709
August 2.2405 2.1573 2.2049
September 2.2382 2.2021 2.2221
October 2.2129 2.1561 2.1795
November 2.1868 2.0836 2.1258
December 2.1173 2.0700 2.0944