YEARLY HIGH
2.6854 BBD
YEARLY LOW
2.4700 BBD
YEARLY AVERAGE
2.5561 BBD

2024 FKP to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FKP to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 2.6854. Conversely, the yearly low was recorded on April 22, dropping to 2.4700.

This high-to-low spread represents a total annual volatility of 0.2154 BBD. From a start-to-finish perspective, comparing the January average rate of 2.5416 to the December average rate of 2.5269, the exchange rate registered a net change of -0.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.6854 was up 2.27% compared to the 2023 peak of 2.6257, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,427 BBD
2023 Average 12,439 BBD
Yearly Trough Low 12,350 BBD
Transaction Impact: A difference of 1,077.06 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.6583
2.4878
JanuMarcMayJulySeptNove

FKP 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 2.5300, compared to 2.5822 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0522 points.

H1 Avg (Jan–Jun) 2.5300
H2 Avg (Jul–Dec) 2.5822

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.1146 BBD (High: 2.6510 / Low: 2.5365). On the other end, January was the most stable month, with a tight range of 0.0312 BBD (High: 2.5559 / Low: 2.5246).

August Spread (Volatile) ±0.1146
January Spread (Stable) ±0.0312

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0593 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0593

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 2.6441) against the same month in 2023 (average: 2.4775), the exchange rate shifted by +0.1666 (+6.73%).

2024 Avg (September) 2.6441
2023 Avg (September) 2.4775

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.5559 2.5246 2.5416
February 2.5493 2.5067 2.5263
March 2.5716 2.5195 2.5415
April 2.5354 2.4700 2.5020
May 2.5543 2.4986 2.5273
June 2.5620 2.5242 2.5413
July 2.6018 2.5290 2.5740
August 2.6510 2.5365 2.5894
September 2.6854 2.6076 2.6441
October 2.6548 2.5795 2.6091
November 2.6086 2.5060 2.5498
December 2.5560 2.4994 2.5269