2024 BMD to GNF Historical Review

YEARLY HIGH

8675.0151 GNF

YEARLY LOW

8556.2658 GNF

YEARLY AVERAGE

8611.8179 GNF

2024 BMD to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BMD to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 8675.0151. Conversely, the yearly low was recorded on March 23, dropping to 8556.2658.

This high-to-low spread represents a total annual volatility of 118.7493 GNF. From a start-to-finish perspective, comparing the January average rate of 8595.0448 to the December average rate of 8630.6588, the exchange rate registered a net change of 0.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 8675.0151 was down 1.42% compared to the 2023 peak of 8800.0000, 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 43,375,076 GNF

2023 Average 43,092,839 GNF

Yearly Trough Low 42,781,329 GNF

Transaction Impact: A difference of 593,746.35 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

8645.5061

8586.0386

JanuMarcMayJulySeptNove

BMD to GNF 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 8596.5883, compared to 8627.0476 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 30.4593 points.

H1 Avg (Jan–Jun) 8596.5883

H2 Avg (Jul–Dec) 8627.0476

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 85.4160 GNF (High: 8642.9485 / Low: 8557.5324). On the other end, September was the most stable month, with a tight range of 29.2584 GNF (High: 8655.4652 / Low: 8626.2068).

August Spread (Volatile) ±85.4160

September Spread (Stable) ±29.2584

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 10.8306 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -10.8306

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 8637.7147) against the same month in 2023 (average: 8600.5476), the exchange rate shifted by +37.1671 (+0.43%).

2024 Avg (October) 8637.7147

2023 Avg (October) 8600.5476

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	8623.6163	8571.9621	8595.0448
February	8657.9676	8589.1812	8602.4713
March	8618.0128	8556.2658	8593.2649
April	8618.4766	8567.1284	8590.9942
May	8612.6326	8559.6270	8593.3582
June	8653.6182	8588.5875	8604.3963
July	8646.3022	8581.1933	8608.8647
August	8642.9485	8557.5324	8617.6130
September	8655.4652	8626.2068	8640.5505
October	8675.0151	8619.3170	8637.7147
November	8668.8808	8599.4147	8626.8841
December	8654.0034	8604.9199	8630.6588