YEARLY HIGH
90135.2869 LBP
YEARLY LOW
14983.0197 LBP
YEARLY AVERAGE
78841.5397 LBP

2024 BMD to LBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BMD to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on June 9, valuing the pair at 90135.2869. Conversely, the yearly low was recorded on February 14, dropping to 14983.0197.

This high-to-low spread represents a total annual volatility of 75152.2672 LBP. From a start-to-finish perspective, comparing the January average rate of 15030.3383 to the December average rate of 89522.1272, the exchange rate registered a net change of 495.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 90135.2869 was up 485.16% compared to the 2023 peak of 15403.4225, 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 450,676,435 LBP
2023 Average 68,646,853 LBP
Yearly Trough Low 74,915,099 LBP
Transaction Impact: A difference of 375,761,335.94 LBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

97081.2077
7571.1684
JanuMarcMayJulySeptNove

BMD to LBP 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 68127.3640, compared to 89555.7155 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 21428.3516 points.

H1 Avg (Jan–Jun) 68127.3640
H2 Avg (Jul–Dec) 89555.7155

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 74666.9803 LBP (High: 89650.0000 / Low: 14983.0197). On the other end, January was the most stable month, with a tight range of 84.0132 LBP (High: 15071.9396 / Low: 14987.9264).

February Spread (Volatile) ±74666.9803
January Spread (Stable) ±84.0132

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 78.4090 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -78.4090

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 89564.3620) against the same month in 2023 (average: 15122.4063), the exchange rate shifted by +74441.9557 (+492.26%).

2024 Avg (June) 89564.3620
2023 Avg (June) 15122.4063

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 15071.9396 14987.9264 15030.3383
February 89650.0000 14983.0197 35584.7984
March 89796.2374 89159.9431 89543.2039
April 89788.8096 89316.3075 89522.3697
May 89801.3409 89083.6617 89519.1114
June 90135.2869 89337.0250 89564.3620
July 89722.5952 89176.7537 89528.9983
August 89868.3687 88915.5767 89488.7844
September 89726.1251 89407.6075 89571.8091
October 89902.8096 89528.8601 89622.0378
November 90050.5105 89393.6405 89600.5362
December 89676.3055 89178.4504 89522.1272