2024 BMD to NOK Historical Review

YEARLY HIGH

11.4413 NOK

YEARLY LOW

10.1851 NOK

YEARLY AVERAGE

10.7536 NOK

2024 BMD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BMD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 11.4413. Conversely, the yearly low was recorded on January 1, dropping to 10.1851.

This high-to-low spread represents a total annual volatility of 1.2562 NOK. From a start-to-finish perspective, comparing the January average rate of 10.3998 to the December average rate of 11.2313, the exchange rate registered a net change of 8.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 11.4413 was up 1.95% compared to the 2023 peak of 11.2222, 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 57,206 NOK

2023 Average 52,808 NOK

Yearly Trough Low 50,925 NOK

Transaction Impact: A difference of 6,281.00 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

11.3144

10.3166

JanuMarcMayJulySeptNove

BMD to NOK 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 10.6387, compared to 10.8686 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2299 points.

H1 Avg (Jan–Jun) 10.6387

H2 Avg (Jul–Dec) 10.8686

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.5508 NOK (High: 11.0347 / Low: 10.4838). On the other end, February was the most stable month, with a tight range of 0.2585 NOK (High: 10.6942 / Low: 10.4357).

May Spread (Volatile) ±0.5508

February Spread (Stable) ±0.2585

Growth Streaks & Declines

Trends

Between 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 0.1672 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1672

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 11.2313) against the same month in 2023 (average: 10.5165), the exchange rate shifted by +0.7148 (+6.80%).

2024 Avg (December) 11.2313

2023 Avg (December) 10.5165

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.5276	10.1851	10.3998
February	10.6942	10.4357	10.5505
March	10.8514	10.4004	10.6167
April	11.1190	10.6726	10.9083
May	11.0347	10.4838	10.7411
June	10.7198	10.4506	10.6157
July	11.0304	10.5358	10.7969
August	10.9990	10.4632	10.6990
September	10.8589	10.3943	10.6093
October	10.9973	10.5747	10.8258
November	11.1537	10.8721	11.0490
December	11.4413	11.0371	11.2313