2024 BMD to MXN Historical Review

YEARLY HIGH

20.8690 MXN

YEARLY LOW

16.3277 MXN

YEARLY AVERAGE

18.3188 MXN

2024 BMD to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BMD to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 20.8690. Conversely, the yearly low was recorded on April 8, dropping to 16.3277.

This high-to-low spread represents a total annual volatility of 4.5414 MXN. From a start-to-finish perspective, comparing the January average rate of 17.0575 to the December average rate of 20.2533, the exchange rate registered a net change of 18.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 20.8690 was up 7.04% compared to the 2023 peak of 19.4973, 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 104,345 MXN

2023 Average 88,663 MXN

Yearly Trough Low 81,638 MXN

Transaction Impact: A difference of 22,706.78 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

20.6781

16.4131

JanuMarcMayJulySeptNove

BMD to MXN 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 17.1191, compared to 19.5184 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.3993 points.

H1 Avg (Jan–Jun) 17.1191

H2 Avg (Jul–Dec) 19.5184

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 1.7850 MXN (High: 18.7601 / Low: 16.9751). On the other end, February was the most stable month, with a tight range of 0.1618 MXN (High: 17.2049 / Low: 17.0431).

June Spread (Volatile) ±1.7850

February Spread (Stable) ±0.1618

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.3218 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.3218

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 20.2533) against the same month in 2023 (average: 17.1665), the exchange rate shifted by +3.0868 (+17.98%).

2024 Avg (December) 20.2533

2023 Avg (December) 17.1665

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	17.3095	16.8363	17.0575
February	17.2049	17.0431	17.0903
March	17.0159	16.5585	16.7685
April	17.2046	16.3277	16.8118
May	17.0247	16.5554	16.7985
June	18.7601	16.9751	18.1880
July	18.7711	17.6208	18.1047
August	19.8484	18.6288	19.1542
September	20.0948	19.1238	19.5982
October	20.1661	19.2776	19.6772
November	20.6678	19.8060	20.3227
December	20.8690	20.0671	20.2533