YEARLY HIGH
0.6075 BND
YEARLY LOW
0.5785 BND
YEARLY AVERAGE
0.5940 BND

2024 FJD to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FJD to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on July 3, valuing the pair at 0.6075. Conversely, the yearly low was recorded on November 4, dropping to 0.5785.

This high-to-low spread represents a total annual volatility of 0.0290 BND. From a start-to-finish perspective, comparing the January average rate of 0.5978 to the December average rate of 0.5851, the exchange rate registered a net change of -2.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6075 was down 1.48% compared to the 2023 peak of 0.6167, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,038 BND
2023 Average 3,011 BND
Yearly Trough Low 2,893 BND
Transaction Impact: A difference of 145.13 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6030
0.5835
JanuMarcMayJulySeptNove

FJD 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 0.5983, compared to 0.5897 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0086 points.

H1 Avg (Jan–Jun) 0.5983
H2 Avg (Jul–Dec) 0.5897

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0153 BND (High: 0.5938 / Low: 0.5785). On the other end, October was the most stable month, with a tight range of 0.0093 BND (High: 0.5896 / Low: 0.5803).

November Spread (Volatile) ±0.0153
October Spread (Stable) ±0.0093

Growth Streaks & Declines

Trends

Between March and June, 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 July and August, when the average rate fell by 0.0102 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0102

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 0.6000) against the same month in 2023 (average: 0.6017), the exchange rate shifted by -0.0017 (-0.29%).

2024 Avg (July) 0.6000
2023 Avg (July) 0.6017

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6028 0.5913 0.5978
February 0.6017 0.5907 0.5978
March 0.5995 0.5896 0.5954
April 0.6031 0.5937 0.5984
May 0.6064 0.5948 0.5989
June 0.6067 0.5956 0.6014
July 0.6075 0.5937 0.6000
August 0.5939 0.5838 0.5898
September 0.5914 0.5802 0.5872
October 0.5896 0.5803 0.5866
November 0.5938 0.5785 0.5896
December 0.5926 0.5795 0.5851