YEARLY HIGH
2.2589 BZD
YEARLY LOW
2.0791 BZD
YEARLY AVERAGE
2.1808 BZD

2024 EUR to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the EUR to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 23, valuing the pair at 2.2589. Conversely, the yearly low was recorded on December 31, dropping to 2.0791.

This high-to-low spread represents a total annual volatility of 0.1798 BZD. From a start-to-finish perspective, comparing the January average rate of 2.1988 to the December average rate of 2.1072, the exchange rate registered a net change of -4.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.2589 was down 0.27% compared to the 2023 peak of 2.2650, 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 11,294 BZD
2023 Average 10,903 BZD
Yearly Trough Low 10,395 BZD
Transaction Impact: A difference of 898.99 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.2531
2.0939
JanuMarcMayJulySeptNove

EUR to BZD 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 2.1789, compared to 2.1826 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0037 points.

H1 Avg (Jan–Jun) 2.1789
H2 Avg (Jul–Dec) 2.1826

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.1029 BZD (High: 2.2045 / Low: 2.1016). On the other end, February was the most stable month, with a tight range of 0.0342 BZD (High: 2.1928 / Low: 2.1586).

November Spread (Volatile) ±0.1029
February Spread (Stable) ±0.0342

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 0.0551 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0551

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 2.2202) against the same month in 2023 (average: 2.1991), the exchange rate shifted by +0.0211 (+0.96%).

2024 Avg (August) 2.2202
2023 Avg (August) 2.1991

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.2309 2.1739 2.1988
February 2.1928 2.1586 2.1762
March 2.2073 2.1687 2.1900
April 2.1888 2.1399 2.1603
May 2.1945 2.1602 2.1788
June 2.1972 2.1507 2.1694
July 2.2042 2.1643 2.1872
August 2.2589 2.1723 2.2202
September 2.2565 2.2188 2.2399
October 2.2283 2.1726 2.1980
November 2.2045 2.1016 2.1429
December 2.1353 2.0791 2.1072