YEARLY HIGH
213.9659 GYD
YEARLY LOW
207.3159 GYD
YEARLY AVERAGE
209.2236 GYD

2024 BMD to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BMD to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 213.9659. Conversely, the yearly low was recorded on August 4, dropping to 207.3159.

This high-to-low spread represents a total annual volatility of 6.6501 GYD. From a start-to-finish perspective, comparing the January average rate of 209.2752 to the December average rate of 209.1177, the exchange rate registered a net change of -0.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 213.9659 was up 0.47% compared to the 2023 peak of 212.9657, 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 1,069,830 GYD
2023 Average 1,050,685 GYD
Yearly Trough Low 1,036,579 GYD
Transaction Impact: A difference of 33,250.39 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

209.3770
209.0052
JanuMarcMayJulySeptNove

BMD to GYD 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 209.2650, compared to 209.1822 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0828 points.

H1 Avg (Jan–Jun) 209.2650
H2 Avg (Jul–Dec) 209.1822

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 5.6821 GYD (High: 213.9659 / Low: 208.2839). On the other end, September was the most stable month, with a tight range of 0.8704 GYD (High: 209.5675 / Low: 208.6971).

March Spread (Volatile) ±5.6821
September Spread (Stable) ±0.8704

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 November and December, when the average rate fell by 0.1125 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1125

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 209.3460) against the same month in 2023 (average: 210.6919), the exchange rate shifted by -1.3459 (-0.64%).

2024 Avg (March) 209.3460
2023 Avg (March) 210.6919

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 209.9678 208.6250 209.2752
February 211.1294 208.7743 209.3017
March 213.9659 208.2839 209.3460
April 209.7276 208.6544 209.2544
May 209.6966 208.1226 209.1952
June 210.5940 208.6514 209.2173
July 209.4036 208.5246 209.1473
August 209.7877 207.3159 209.0362
September 209.5675 208.6971 209.2412
October 210.0706 208.9398 209.3206
November 210.3884 208.2622 209.2302
December 209.4532 208.3769 209.1177