YEARLY HIGH
0.0238 BBD
YEARLY LOW
0.0223 BBD
YEARLY AVERAGE
0.0230 BBD

2024 KGS to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KGS to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 29, valuing the pair at 0.0238. Conversely, the yearly low was recorded on March 27, dropping to 0.0223.

This high-to-low spread represents a total annual volatility of 0.0015 BBD. From a start-to-finish perspective, comparing the January average rate of 0.0224 to the December average rate of 0.0230, the exchange rate registered a net change of 2.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0238 was up 0.05% compared to the 2023 peak of 0.0238, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 119 BBD
2023 Average 114 BBD
Yearly Trough Low 112 BBD
Transaction Impact: A difference of 7.29 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0239
0.0222
JanuMarcMayJulySeptNove

KGS 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 0.0225, compared to 0.0234 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0225
H2 Avg (Jul–Dec) 0.0234

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0006 BBD (High: 0.0238 / Low: 0.0232). On the other end, February was the most stable month, with a tight range of 0.0000 BBD (High: 0.0224 / Low: 0.0224).

July Spread (Volatile) ±0.0006
February Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0003 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 0.0235) against the same month in 2023 (average: 0.0228), the exchange rate shifted by +0.0007 (+3.15%).

2024 Avg (July) 0.0235
2023 Avg (July) 0.0228

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0225 0.0224 0.0224
February 0.0224 0.0224 0.0224
March 0.0224 0.0223 0.0224
April 0.0226 0.0224 0.0225
May 0.0228 0.0226 0.0227
June 0.0231 0.0228 0.0230
July 0.0238 0.0232 0.0235
August 0.0238 0.0233 0.0235
September 0.0238 0.0236 0.0237
October 0.0237 0.0233 0.0234
November 0.0233 0.0230 0.0232
December 0.0230 0.0230 0.0230