YEARLY HIGH
576.7349 SOS
YEARLY LOW
566.3143 SOS
YEARLY AVERAGE
571.3175 SOS

2024 BMD to SOS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BMD to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 576.7349. Conversely, the yearly low was recorded on August 3, dropping to 566.3143.

This high-to-low spread represents a total annual volatility of 10.4205 SOS. From a start-to-finish perspective, comparing the January average rate of 571.2455 to the December average rate of 571.3329, the exchange rate registered a net change of 0.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 576.7349 was up 0.36% compared to the 2023 peak of 574.6375, 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 2,883,674 SOS
2023 Average 2,846,669 SOS
Yearly Trough Low 2,831,572 SOS
Transaction Impact: A difference of 52,102.71 SOS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

571.8401
570.4084
JanuMarcMayJulySeptNove

BMD to SOS 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 571.3387, compared to 571.2964 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0423 points.

H1 Avg (Jan–Jun) 571.3387
H2 Avg (Jul–Dec) 571.2964

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 7.1197 SOS (High: 573.4341 / Low: 566.3143). On the other end, July was the most stable month, with a tight range of 2.0985 SOS (High: 571.9831 / Low: 569.8847).

August Spread (Volatile) ±7.1197
July Spread (Stable) ±2.0985

Growth Streaks & Declines

Trends

Between August and November, 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 July and August, when the average rate fell by 0.6638 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.6638

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 571.7208) against the same month in 2023 (average: 568.6608), the exchange rate shifted by +3.0600 (+0.54%).

2024 Avg (February) 571.7208
2023 Avg (February) 568.6608

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 573.0842 569.2388 571.2455
February 576.7349 570.3236 571.7208
March 573.0236 568.9166 571.2859
April 572.9104 569.9132 571.3271
May 572.5816 568.4910 571.0688
June 575.2718 570.1497 571.3841
July 571.9831 569.8847 571.1915
August 573.4341 566.3143 570.5277
September 574.4189 570.0932 571.4598
October 573.8220 570.9956 571.6294
November 574.7193 570.4701 571.6369
December 572.3271 569.2246 571.3329