YEARLY HIGH
0.1165 BBD
YEARLY LOW
0.1037 BBD
YEARLY AVERAGE
0.1093 BBD

2024 SZL to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SZL to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 29, valuing the pair at 0.1165. Conversely, the yearly low was recorded on February 26, dropping to 0.1037.

This high-to-low spread represents a total annual volatility of 0.0127 BBD. From a start-to-finish perspective, comparing the January average rate of 0.1065 to the December average rate of 0.1098, the exchange rate registered a net change of 3.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1165 was down 2.06% compared to the 2023 peak of 0.1189, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 582 BBD
2023 Average 543 BBD
Yearly Trough Low 519 BBD
Transaction Impact: A difference of 63.66 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1147
0.1046
JanuMarcMayJulySeptNove

SZL 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 0.1069, compared to 0.1116 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0047 points.

H1 Avg (Jan–Jun) 0.1069
H2 Avg (Jul–Dec) 0.1116

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0072 BBD (High: 0.1132 / Low: 0.1061). On the other end, October was the most stable month, with a tight range of 0.0029 BBD (High: 0.1156 / Low: 0.1128).

December Spread (Volatile) ±0.0072
October Spread (Stable) ±0.0029

Growth Streaks & Declines

Trends

Between June and October, 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 0.0021 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.1135) against the same month in 2023 (average: 0.1055), the exchange rate shifted by +0.0080 (+7.60%).

2024 Avg (September) 0.1135
2023 Avg (September) 0.1055

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1083 0.1045 0.1065
February 0.1075 0.1037 0.1054
March 0.1075 0.1045 0.1062
April 0.1081 0.1042 0.1061
May 0.1103 0.1072 0.1087
June 0.1119 0.1051 0.1086
July 0.1114 0.1083 0.1097
August 0.1134 0.1077 0.1110
September 0.1165 0.1112 0.1135
October 0.1156 0.1128 0.1139
November 0.1148 0.1096 0.1117
December 0.1132 0.1061 0.1098