2022 BMD to NAD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 BMD to NAD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the BMD to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 24, valuing the pair at 18.4300. Conversely, the yearly low was recorded on March 30, dropping to 14.5300.
This high-to-low spread represents a total annual volatility of 3.9000 NAD. From a start-to-finish perspective, comparing the January average rate of 15.5036 to the December average rate of 17.2434, the exchange rate registered a net change of 11.22% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 18.4300 was up 13.35% compared to the 2021 peak of 16.2600, 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 2022.
BMD to NAD 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 15.4071, compared to 17.1972 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.7902 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was March, with a trading range of 1.4400 NAD (High: 15.9700 / Low: 14.5300). On the other end, February was the most stable month, with a tight range of 0.4900 NAD (High: 15.5400 / Low: 15.0500).
Growth Streaks & Declines
TrendsBetween June and October, 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 October and November, when the average rate fell by 0.5915 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2022: 18.1027) against the same month in 2021 (average: 14.8758), the exchange rate shifted by +3.2269 (+21.69%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 16.0100 | 15.0750 | 15.5036 |
| February | 15.5400 | 15.0500 | 15.2343 |
| March | 15.9700 | 14.5300 | 15.0177 |
| April | 16.0100 | 14.5700 | 14.9865 |
| May | 16.2100 | 15.6000 | 15.9235 |
| June | 16.0900 | 15.3900 | 15.7768 |
| July | 17.0300 | 15.7100 | 16.0807 |
| August | 17.0100 | 16.1900 | 16.7056 |
| September | 18.0800 | 16.9600 | 17.5397 |
| October | 18.4300 | 17.8500 | 18.1027 |
| November | 18.2700 | 16.9600 | 17.5113 |
| December | 17.6800 | 16.9600 | 17.2434 |