2024 BMD to NAD Historical Review

YEARLY HIGH

19.3224 NAD

YEARLY LOW

17.1765 NAD

YEARLY AVERAGE

18.3280 NAD

2024 BMD to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BMD to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 19.3224. Conversely, the yearly low was recorded on September 29, dropping to 17.1765.

This high-to-low spread represents a total annual volatility of 2.1460 NAD. From a start-to-finish perspective, comparing the January average rate of 18.7860 to the December average rate of 18.2266, the exchange rate registered a net change of -2.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 19.3224 was down 4.34% compared to the 2023 peak of 20.2000, 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 96,612 NAD

2023 Average 92,514 NAD

Yearly Trough Low 85,882 NAD

Transaction Impact: A difference of 10,729.82 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

19.1141

17.4355

JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 18.7194, compared to 17.9367 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7826 points.

H1 Avg (Jan–Jun) 18.7194

H2 Avg (Jul–Dec) 17.9367

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 1.2029 NAD (High: 18.8624 / Low: 17.6595). On the other end, October was the most stable month, with a tight range of 0.4370 NAD (High: 17.7283 / Low: 17.2913).

December Spread (Volatile) ±1.2029

October Spread (Stable) ±0.4370

Growth Streaks & Declines

Trends

Between October and December, 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 0.5040 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.5040

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 18.9742) against the same month in 2023 (average: 17.8807), the exchange rate shifted by +1.0935 (+6.12%).

2024 Avg (February) 18.9742

2023 Avg (February) 17.8807

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	19.1734	18.5201	18.7860
February	19.3224	18.6000	18.9742
March	19.1073	18.5800	18.8542
April	19.2000	18.5025	18.8886
May	18.6361	18.0900	18.3846
June	19.0375	17.8842	18.4285
July	18.4633	17.9492	18.2361
August	18.5716	17.6396	18.0340
September	17.9739	17.1765	17.6179
October	17.7283	17.2913	17.5754
November	18.2500	17.4294	17.9304
December	18.8624	17.6595	18.2266