2024 BAM to GMD Historical Review

YEARLY HIGH

40.5442 GMD

YEARLY LOW

36.9220 GMD

YEARLY AVERAGE

38.0727 GMD

2024 BAM to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BAM to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 27, valuing the pair at 40.5442. Conversely, the yearly low was recorded on April 16, dropping to 36.9220.

This high-to-low spread represents a total annual volatility of 3.6222 GMD. From a start-to-finish perspective, comparing the January average rate of 37.5523 to the December average rate of 38.4799, the exchange rate registered a net change of 2.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 40.5442 was up 6.34% compared to the 2023 peak of 38.1262, 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 202,721 GMD

2023 Average 172,303 GMD

Yearly Trough Low 184,610 GMD

Transaction Impact: A difference of 18,110.92 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

39.7481

37.0346

JanuMarcMayJulySeptNove

BAM to GMD 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 37.4385, compared to 38.7070 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.2685 points.

H1 Avg (Jan–Jun) 37.4385

H2 Avg (Jul–Dec) 38.7070

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 2.4635 GMD (High: 40.5442 / Low: 38.0807). On the other end, March was the most stable month, with a tight range of 0.5738 GMD (High: 38.0251 / Low: 37.4512).

August Spread (Volatile) ±2.4635

March Spread (Stable) ±0.5738

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 September and October, when the average rate fell by 0.9183 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.9183

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 39.3136) against the same month in 2023 (average: 33.8065), the exchange rate shifted by +5.5072 (+16.29%).

2024 Avg (August) 39.3136

2023 Avg (August) 33.8065

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	38.0286	37.3308	37.5523
February	37.7048	36.9957	37.3241
March	38.0251	37.4512	37.7524
April	37.7366	36.9220	37.2607
May	37.8262	36.9616	37.4488
June	37.7458	37.0044	37.2925
July	38.5091	37.1269	37.6329
August	40.5442	38.0807	39.3136
September	40.1189	38.9318	39.5220
October	39.6242	37.9029	38.6037
November	39.8723	37.8252	38.6900
December	38.8505	38.1751	38.4799