2024 BMD to FJD Historical Review

YEARLY HIGH

2.3268 FJD

YEARLY LOW

2.1830 FJD

YEARLY AVERAGE

2.2496 FJD

2024 BMD to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BMD to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 2.3268. Conversely, the yearly low was recorded on September 30, dropping to 2.1830.

This high-to-low spread represents a total annual volatility of 0.1438 FJD. From a start-to-finish perspective, comparing the January average rate of 2.2334 to the December average rate of 2.3073, the exchange rate registered a net change of 3.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.3268 was up 0.88% compared to the 2023 peak of 2.3064, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,634 FJD

2023 Average 11,149 FJD

Yearly Trough Low 10,915 FJD

Transaction Impact: A difference of 718.75 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.3172

2.1980

JanuMarcMayJulySeptNove

BMD to FJD 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 2.2508, compared to 2.2484 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0025 points.

H1 Avg (Jan–Jun) 2.2508

H2 Avg (Jul–Dec) 2.2484

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0890 FJD (High: 2.2806 / Low: 2.1916). On the other end, June was the most stable month, with a tight range of 0.0385 FJD (High: 2.2671 / Low: 2.2287).

October Spread (Volatile) ±0.0890

June Spread (Stable) ±0.0385

Growth Streaks & Declines

Trends

Between January and April, 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 August and September, when the average rate fell by 0.0228 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0228

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 2.3073) against the same month in 2023 (average: 2.2154), the exchange rate shifted by +0.0919 (+4.15%).

2024 Avg (December) 2.3073

2023 Avg (December) 2.2154

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2666	2.1949	2.2334
February	2.2744	2.2352	2.2492
March	2.2785	2.2277	2.2516
April	2.2931	2.2382	2.2665
May	2.2908	2.2272	2.2561
June	2.2671	2.2287	2.2481
July	2.2671	2.2208	2.2440
August	2.2697	2.2018	2.2308
September	2.2418	2.1830	2.2080
October	2.2806	2.1916	2.2338
November	2.2973	2.2382	2.2665
December	2.3268	2.2641	2.3073