YEARLY HIGH
0.0814 BBD
YEARLY LOW
0.0786 BBD
YEARLY AVERAGE
0.0805 BBD

2024 HNL to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HNL to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.0814. Conversely, the yearly low was recorded on December 29, dropping to 0.0786.

This high-to-low spread represents a total annual volatility of 0.0028 BBD. From a start-to-finish perspective, comparing the January average rate of 0.0810 to the December average rate of 0.0789, the exchange rate registered a net change of -2.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0814 was down 1.02% compared to the 2023 peak of 0.0822, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 407 BBD
2023 Average 405 BBD
Yearly Trough Low 393 BBD
Transaction Impact: A difference of 13.89 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0812
0.0787
JanuMarcMayJulySeptNove

HNL 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 0.0809, compared to 0.0800 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0809
H2 Avg (Jul–Dec) 0.0800

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0014 BBD (High: 0.0805 / Low: 0.0792). On the other end, July was the most stable month, with a tight range of 0.0005 BBD (High: 0.0810 / Low: 0.0805).

October Spread (Volatile) ±0.0014
July Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0006 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0810) against the same month in 2023 (average: 0.0811), the exchange rate shifted by -0.0001 (-0.09%).

2024 Avg (January) 0.0810
2023 Avg (January) 0.0811

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0814 0.0808 0.0810
February 0.0812 0.0803 0.0809
March 0.0814 0.0806 0.0809
April 0.0812 0.0806 0.0810
May 0.0812 0.0806 0.0809
June 0.0811 0.0797 0.0807
July 0.0810 0.0805 0.0807
August 0.0814 0.0802 0.0807
September 0.0808 0.0802 0.0805
October 0.0805 0.0792 0.0799
November 0.0798 0.0788 0.0794
December 0.0792 0.0786 0.0789