2024 BMD to KGS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 BMD to KGS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the BMD to KGS exchange rate experienced significant fluctuation. The market reached its absolute peak on March 14, valuing the pair at 89.5100. Conversely, the yearly low was recorded on August 4, dropping to 84.0300.
This high-to-low spread represents a total annual volatility of 5.4800 KGS. From a start-to-finish perspective, comparing the January average rate of 89.2543 to the December average rate of 86.9081, the exchange rate registered a net change of -2.63% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 89.5100 was up 0.21% compared to the 2023 peak of 89.3200, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BMD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
BMD to KGS Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 88.7570, compared to 85.5187 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.2384 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was July, with a trading range of 2.3200 KGS (High: 86.3500 / Low: 84.0300). On the other end, February was the most stable month, with a tight range of 0.1100 KGS (High: 89.4300 / Low: 89.3200).
Growth Streaks & Declines
TrendsBetween September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 2.0526 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2024: 89.4717) against the same month in 2023 (average: 87.4198), the exchange rate shifted by +2.0519 (+2.35%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 89.3200 | 89.0715 | 89.2543 |
| February | 89.4300 | 89.3200 | 89.4145 |
| March | 89.5100 | 89.3998 | 89.4717 |
| April | 89.4074 | 88.6618 | 89.0617 |
| May | 88.6821 | 87.7000 | 88.2465 |
| June | 87.8599 | 86.4454 | 87.0934 |
| July | 86.3500 | 84.0300 | 85.0408 |
| August | 85.7000 | 84.0300 | 85.1709 |
| September | 84.9152 | 84.2000 | 84.3312 |
| October | 85.8000 | 84.2413 | 85.3156 |
| November | 86.8000 | 85.8000 | 86.3454 |
| December | 87.0000 | 86.7993 | 86.9081 |