2024 BMD to MVR Historical Review

YEARLY HIGH

15.5500 MVR

YEARLY LOW

14.4550 MVR

YEARLY AVERAGE

15.4026 MVR

2024 BMD to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BMD to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 15.5500. Conversely, the yearly low was recorded on May 2, dropping to 14.4550.

This high-to-low spread represents a total annual volatility of 1.0950 MVR. From a start-to-finish perspective, comparing the January average rate of 15.4013 to the December average rate of 15.4084, the exchange rate registered a net change of 0.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 15.5500 was up 0.48% compared to the 2023 peak of 15.4750, 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 77,750 MVR

2023 Average 76,854 MVR

Yearly Trough Low 72,275 MVR

Transaction Impact: A difference of 5,475.00 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

15.4632

15.3443

JanuMarcMayJulySeptNove

BMD to MVR 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 15.4170, compared to 15.3882 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0288 points.

H1 Avg (Jan–Jun) 15.4170

H2 Avg (Jul–Dec) 15.3882

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 1.0050 MVR (High: 15.4600 / Low: 14.4550). On the other end, October was the most stable month, with a tight range of 0.0100 MVR (High: 15.3600 / Low: 15.3500).

May Spread (Volatile) ±1.0050

October Spread (Stable) ±0.0100

Growth Streaks & Declines

Trends

Between February and April, 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 0.0298 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0298

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 15.4342) against the same month in 2023 (average: 15.3747), the exchange rate shifted by +0.0595 (+0.39%).

2024 Avg (March) 15.4342

2023 Avg (March) 15.3747

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	15.4100	15.3950	15.4013
February	15.4250	15.3500	15.3947
March	15.5500	15.4000	15.4342
April	15.4600	15.4450	15.4533
May	15.4600	14.4550	15.4236
June	15.4500	15.2650	15.3948
July	15.4600	15.3500	15.3956
August	15.4250	15.3500	15.3795
September	15.3600	15.3500	15.3555
October	15.3600	15.3500	15.3542
November	15.4600	15.3550	15.4358
December	15.4600	15.4000	15.4084