YEARLY HIGH
0.5731 BMD
YEARLY LOW
0.5307 BMD
YEARLY AVERAGE
0.5534 BMD

2024 BAM to BMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BAM to BMD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 0.5731. Conversely, the yearly low was recorded on December 20, dropping to 0.5307.

This high-to-low spread represents a total annual volatility of 0.0424 BMD. From a start-to-finish perspective, comparing the January average rate of 0.5581 to the December average rate of 0.5359, the exchange rate registered a net change of -3.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5731 was down 0.40% compared to the 2023 peak of 0.5754, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,865 BMD
2023 Average 2,766 BMD
Yearly Trough Low 2,653 BMD
Transaction Impact: A difference of 212.05 BMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5714
0.5326
JanuMarcMayJulySeptNove

BAM to BMD 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 0.5529, compared to 0.5538 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.5529
H2 Avg (Jul–Dec) 0.5538

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0249 BMD (High: 0.5577 / Low: 0.5327). On the other end, March was the most stable month, with a tight range of 0.0081 BMD (High: 0.5596 / Low: 0.5515).

November Spread (Volatile) ±0.0249
March Spread (Stable) ±0.0081

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0135 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0135

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.5629) against the same month in 2023 (average: 0.5580), the exchange rate shifted by +0.0049 (+0.88%).

2024 Avg (August) 0.5629
2023 Avg (August) 0.5580

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5648 0.5537 0.5581
February 0.5564 0.5476 0.5521
March 0.5596 0.5515 0.5557
April 0.5558 0.5436 0.5488
May 0.5571 0.5456 0.5526
June 0.5569 0.5462 0.5503
July 0.5591 0.5480 0.5548
August 0.5731 0.5519 0.5629
September 0.5723 0.5633 0.5681
October 0.5673 0.5512 0.5572
November 0.5577 0.5327 0.5438
December 0.5412 0.5307 0.5359