2024 BMD to JMD Historical Review

YEARLY HIGH

159.5468 JMD

YEARLY LOW

152.9031 JMD

YEARLY AVERAGE

156.3710 JMD

2024 BMD to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BMD to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 10, valuing the pair at 159.5468. Conversely, the yearly low was recorded on April 3, dropping to 152.9031.

This high-to-low spread represents a total annual volatility of 6.6437 JMD. From a start-to-finish perspective, comparing the January average rate of 155.0688 to the December average rate of 156.4186, the exchange rate registered a net change of 0.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 159.5468 was up 1.88% compared to the 2023 peak of 156.6044, 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 797,734 JMD

2023 Average 770,311 JMD

Yearly Trough Low 764,515 JMD

Transaction Impact: A difference of 33,218.48 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

158.8840

154.1801

JanuMarcMayJulySeptNove

BMD to JMD 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 155.5085, compared to 157.2334 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.7249 points.

H1 Avg (Jan–Jun) 155.5085

H2 Avg (Jul–Dec) 157.2334

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 3.5890 JMD (High: 156.4921 / Low: 152.9031). On the other end, July was the most stable month, with a tight range of 1.2921 JMD (High: 156.8894 / Low: 155.5974).

April Spread (Volatile) ±3.5890

July Spread (Stable) ±1.2921

Growth Streaks & Declines

Trends

Between June and November, 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 November and December, when the average rate fell by 2.0735 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -2.0735

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 158.4920) against the same month in 2023 (average: 155.3359), the exchange rate shifted by +3.1561 (+2.03%).

2024 Avg (November) 158.4920

2023 Avg (November) 155.3359

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	155.9023	153.8988	155.0688
February	157.4338	155.2800	156.3827
March	155.9207	153.1778	154.5721
April	156.4921	152.9031	155.0800
May	156.9366	155.2384	156.2789
June	156.4779	154.8492	155.6685
July	156.8894	155.5974	156.3648
August	157.6487	155.0428	156.6841
September	157.8588	155.4241	157.0620
October	158.9026	157.2862	158.3791
November	159.5468	157.2596	158.4920
December	157.5225	155.5553	156.4186