YEARLY HIGH
1438.9123 CDF
YEARLY LOW
1330.0000 CDF
YEARLY AVERAGE
1407.6126 CDF

2024 BBD to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BBD to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 30, valuing the pair at 1438.9123. Conversely, the yearly low was recorded on January 20, dropping to 1330.0000.

This high-to-low spread represents a total annual volatility of 108.9123 CDF. From a start-to-finish perspective, comparing the January average rate of 1360.9229 to the December average rate of 1427.0889, the exchange rate registered a net change of 4.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1438.9123 was up 3.05% compared to the 2023 peak of 1396.3485, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,194,561 CDF
2023 Average 5,842,685 CDF
Yearly Trough Low 6,650,000 CDF
Transaction Impact: A difference of 544,561.29 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1437.2974
1353.9798
JanuMarcMayJulySeptNove

BBD to CDF 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 1389.2826, compared to 1425.9425 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 36.6599 points.

H1 Avg (Jan–Jun) 1389.2826
H2 Avg (Jul–Dec) 1425.9425

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 46.2744 CDF (High: 1376.2744 / Low: 1330.0000). On the other end, February was the most stable month, with a tight range of 13.2149 CDF (High: 1384.7149 / Low: 1371.5000).

January Spread (Volatile) ±46.2744
February Spread (Stable) ±13.2149

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 3.2653 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -3.2653

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 1427.6778) against the same month in 2023 (average: 1259.1351), the exchange rate shifted by +168.5427 (+13.39%).

2024 Avg (October) 1427.6778
2023 Avg (October) 1259.1351

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1376.2744 1330.0000 1360.9229
February 1384.7149 1371.5000 1378.1496
March 1395.9725 1381.2922 1387.1189
April 1409.7243 1387.0006 1395.7821
May 1413.0000 1390.5501 1397.7534
June 1425.8105 1397.7383 1415.9689
July 1435.2500 1414.0010 1421.9126
August 1437.5000 1404.4038 1424.4688
September 1432.8741 1416.2191 1424.1528
October 1438.9123 1419.0552 1427.6778
November 1437.4957 1421.5972 1430.3542
December 1435.5000 1416.7928 1427.0889