YEARLY HIGH
15.0892 SCR
YEARLY LOW
12.8172 SCR
YEARLY AVERAGE
13.6716 SCR

2024 BMD to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BMD to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 15.0892. Conversely, the yearly low was recorded on September 24, dropping to 12.8172.

This high-to-low spread represents a total annual volatility of 2.2720 SCR. From a start-to-finish perspective, comparing the January average rate of 13.3823 to the December average rate of 14.1177, the exchange rate registered a net change of 5.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 15.0892 was up 6.49% compared to the 2023 peak of 14.1697, 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 75,446 SCR
2023 Average 67,202 SCR
Yearly Trough Low 64,086 SCR
Transaction Impact: A difference of 11,359.78 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

14.1913
13.3088
JanuMarcMayJulySeptNove

BMD to SCR 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 13.5825, compared to 13.7607 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1782 points.

H1 Avg (Jan–Jun) 13.5825
H2 Avg (Jul–Dec) 13.7607

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 2.1967 SCR (High: 15.0189 / Low: 12.8222). On the other end, May was the most stable month, with a tight range of 0.4185 SCR (High: 13.8381 / Low: 13.4196).

August Spread (Volatile) ±2.1967
May Spread (Stable) ±0.4185

Growth Streaks & Declines

Trends

Between September and December, 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 August and September, when the average rate fell by 0.2864 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2864

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 14.1177) against the same month in 2023 (average: 13.4346), the exchange rate shifted by +0.6832 (+5.09%).

2024 Avg (December) 14.1177
2023 Avg (December) 13.4346

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 13.8816 13.0600 13.3823
February 13.8192 13.1847 13.4586
March 14.2402 13.3315 13.5924
April 14.3667 13.4098 13.5913
May 13.8381 13.4196 13.6568
June 14.6816 13.5605 13.8137
July 14.1112 13.5084 13.7960
August 15.0189 12.8222 13.7353
September 13.9590 12.8172 13.4489
October 15.0469 13.0767 13.7157
November 14.3004 13.3964 13.7505
December 15.0892 13.3053 14.1177