YEARLY HIGH
36.0000 GMD
YEARLY LOW
33.6000 GMD
YEARLY AVERAGE
34.4057 GMD

2024 BBD to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BBD to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 9, valuing the pair at 36.0000. Conversely, the yearly low was recorded on January 7, dropping to 33.6000.

This high-to-low spread represents a total annual volatility of 2.4000 GMD. From a start-to-finish perspective, comparing the January average rate of 33.6457 to the December average rate of 35.9059, the exchange rate registered a net change of 6.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 36.0000 was up 6.79% compared to the 2023 peak of 33.7125, 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 180,000 GMD
2023 Average 155,752 GMD
Yearly Trough Low 168,000 GMD
Transaction Impact: A difference of 12,000.00 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

36.1319
33.4197
JanuMarcMayJulySeptNove

BBD 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 33.8546, compared to 34.9568 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1022 points.

H1 Avg (Jan–Jun) 33.8546
H2 Avg (Jul–Dec) 34.9568

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 1.5000 GMD (High: 35.2500 / Low: 33.7500). On the other end, June was the most stable month, with a tight range of 0.0125 GMD (High: 33.8875 / Low: 33.8750).

October Spread (Volatile) ±1.5000
June Spread (Stable) ±0.0125

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.1434 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1434

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 35.9059) against the same month in 2023 (average: 33.6762), the exchange rate shifted by +2.2297 (+6.62%).

2024 Avg (December) 35.9059
2023 Avg (December) 33.6762

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 33.7125 33.6000 33.6457
February 33.9875 33.6375 33.8009
March 33.9875 33.9500 33.9657
April 33.9750 33.8750 33.9477
May 33.9500 33.8750 33.8858
June 33.8875 33.8750 33.8819
July 34.7500 33.8750 33.9148
August 35.5000 34.5000 34.9194
September 35.5000 34.2500 34.7845
October 35.2500 33.7500 34.6411
November 35.7500 35.2500 35.5750
December 36.0000 35.5000 35.9059