2024 BMD to NIO Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 BMD to NIO Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the BMD to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on June 9, valuing the pair at 36.9919. Conversely, the yearly low was recorded on January 7, dropping to 36.5190.
This high-to-low spread represents a total annual volatility of 0.4729 NIO. From a start-to-finish perspective, comparing the January average rate of 36.6498 to the December average rate of 36.7853, the exchange rate registered a net change of 0.37% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 36.9919 was up 0.56% compared to the 2023 peak of 36.7849, 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 2024.
BMD to NIO 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 36.7655, compared to 36.7984 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0329 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 0.3194 NIO (High: 36.8762 / Low: 36.5568). On the other end, September was the most stable month, with a tight range of 0.1188 NIO (High: 36.8561 / Low: 36.7373).
Growth Streaks & Declines
TrendsBetween January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0295 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2024: 36.7972) against the same month in 2023 (average: 36.5550), the exchange rate shifted by +0.2422 (+0.66%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 36.7500 | 36.5190 | 36.6498 |
| February | 36.8836 | 36.6945 | 36.7776 |
| March | 36.9049 | 36.6423 | 36.7799 |
| April | 36.9600 | 36.7069 | 36.8089 |
| May | 36.8771 | 36.6465 | 36.7794 |
| June | 36.9919 | 36.7231 | 36.7972 |
| July | 36.8500 | 36.7074 | 36.8003 |
| August | 36.8762 | 36.5568 | 36.7910 |
| September | 36.8561 | 36.7373 | 36.8037 |
| October | 36.9497 | 36.7628 | 36.8176 |
| November | 36.9573 | 36.7207 | 36.7922 |
| December | 36.8507 | 36.6512 | 36.7853 |