2024 BMD to ISK Historical Review

YEARLY HIGH

142.0300 ISK

YEARLY LOW

134.8300 ISK

YEARLY AVERAGE

137.9661 ISK

2024 BMD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BMD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 16, valuing the pair at 142.0300. Conversely, the yearly low was recorded on September 26, dropping to 134.8300.

This high-to-low spread represents a total annual volatility of 7.2000 ISK. From a start-to-finish perspective, comparing the January average rate of 136.9063 to the December average rate of 138.6854, the exchange rate registered a net change of 1.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 142.0300 was down 1.96% compared to the 2023 peak of 144.8700, 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 710,150 ISK

2023 Average 689,353 ISK

Yearly Trough Low 674,150 ISK

Transaction Impact: A difference of 36,000.00 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

140.6084

136.4831

JanuMarcMayJulySeptNove

BMD to ISK 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 138.2710, compared to 137.6612 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6098 points.

H1 Avg (Jan–Jun) 138.2710

H2 Avg (Jul–Dec) 137.6612

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 4.2200 ISK (High: 139.2900 / Low: 135.0700). On the other end, July was the most stable month, with a tight range of 2.2300 ISK (High: 138.8800 / Low: 136.6500).

March Spread (Volatile) ±4.2200

July Spread (Stable) ±2.2300

Growth Streaks & Declines

Trends

Between October and December, 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 April and May, when the average rate fell by 1.4631 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.4631

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 140.2647) against the same month in 2023 (average: 136.4947), the exchange rate shifted by +3.7700 (+2.76%).

2024 Avg (April) 140.2647

2023 Avg (April) 136.4947

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	137.9300	135.0979	136.9063
February	138.8600	136.2000	137.7362
March	139.2900	135.0700	137.2056
April	142.0300	138.3700	140.2647
May	140.0800	137.2900	138.8016
June	139.6200	137.0700	138.7113
July	138.8800	136.6500	137.7139
August	138.9900	136.2600	137.7580
September	138.9300	134.8300	136.9257
October	138.2900	135.2900	136.8269
November	139.6800	136.1800	138.0575
December	139.8000	137.4400	138.6854