YEARLY HIGH
42250.0000 IRR
YEARLY LOW
42030.0000 IRR
YEARLY AVERAGE
42091.0195 IRR

2024 BMD to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BMD to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 42250.0000. Conversely, the yearly low was recorded on March 5, dropping to 42030.0000.

This high-to-low spread represents a total annual volatility of 220.0000 IRR. From a start-to-finish perspective, comparing the January average rate of 42048.7903 to the December average rate of 42183.8710, the exchange rate registered a net change of 0.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 42250.0000 was down 0.24% compared to the 2023 peak of 42350.0000, 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 211,250,000 IRR
2023 Average 211,095,028 IRR
Yearly Trough Low 210,150,000 IRR
Transaction Impact: A difference of 1,100,000.00 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

42198.2925
42025.2336
JanuMarcMayJulySeptNove

BMD to IRR 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 42067.5780, compared to 42114.4610 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 46.8830 points.

H1 Avg (Jan–Jun) 42067.5780
H2 Avg (Jul–Dec) 42114.4610

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 215.0000 IRR (High: 42250.0000 / Low: 42035.0000). On the other end, August was the most stable month, with a tight range of 12.5000 IRR (High: 42105.0000 / Low: 42092.5000).

April Spread (Volatile) ±215.0000
August Spread (Stable) ±12.5000

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 9.2312 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -9.2312

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 42073.0000) against the same month in 2023 (average: 42258.3333), the exchange rate shifted by -185.3333 (-0.44%).

2024 Avg (April) 42073.0000
2023 Avg (April) 42258.3333

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 42105.0000 42037.5000 42048.7903
February 42105.0000 42030.0000 42039.6552
March 42058.3333 42030.0000 42041.2366
April 42250.0000 42035.0000 42073.0000
May 42250.0000 42062.5000 42089.9194
June 42250.0000 42087.5000 42112.8667
July 42250.0000 42087.5000 42104.0323
August 42105.0000 42092.5000 42098.5484
September 42250.0000 42092.5000 42105.0833
October 42250.0000 42087.5000 42102.2312
November 42105.0000 42075.0000 42093.0000
December 42250.0000 42087.5000 42183.8710