YEARLY HIGH
2.7073 BZD
YEARLY LOW
2.4878 BZD
YEARLY AVERAGE
2.5755 BZD

2024 FKP to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FKP to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 2.7073. Conversely, the yearly low was recorded on April 20, dropping to 2.4878.

This high-to-low spread represents a total annual volatility of 0.2195 BZD. From a start-to-finish perspective, comparing the January average rate of 2.5612 to the December average rate of 2.5423, the exchange rate registered a net change of -0.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.7073 was up 2.33% compared to the 2023 peak of 2.6457, 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 13,537 BZD
2023 Average 12,530 BZD
Yearly Trough Low 12,439 BZD
Transaction Impact: A difference of 1,097.56 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.6798
2.5061
JanuMarcMayJulySeptNove

FKP 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 2.5493, compared to 2.6017 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0524 points.

H1 Avg (Jan–Jun) 2.5493
H2 Avg (Jul–Dec) 2.6017

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.1173 BZD (High: 2.6717 / Low: 2.5544). On the other end, January was the most stable month, with a tight range of 0.0309 BZD (High: 2.5762 / Low: 2.5453).

August Spread (Volatile) ±0.1173
January Spread (Stable) ±0.0309

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 0.0609 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0609

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 2.6653) against the same month in 2023 (average: 2.4964), the exchange rate shifted by +0.1689 (+6.77%).

2024 Avg (September) 2.6653
2023 Avg (September) 2.4964

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.5762 2.5453 2.5612
February 2.5674 2.5293 2.5465
March 2.5926 2.5280 2.5600
April 2.5553 2.4878 2.5206
May 2.5744 2.5189 2.5461
June 2.5825 2.5447 2.5614
July 2.6210 2.5490 2.5933
August 2.6717 2.5544 2.6074
September 2.7073 2.6274 2.6653
October 2.6734 2.5983 2.6313
November 2.6296 2.5272 2.5703
December 2.5775 2.5114 2.5423