2024 BMD to SVC Historical Review

YEARLY HIGH

8.8300 SVC

YEARLY LOW

8.6710 SVC

YEARLY AVERAGE

8.7486 SVC

2024 BMD to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BMD to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 8.8300. Conversely, the yearly low was recorded on August 4, dropping to 8.6710.

This high-to-low spread represents a total annual volatility of 0.1590 SVC. From a start-to-finish perspective, comparing the January average rate of 8.7486 to the December average rate of 8.7474, the exchange rate registered a net change of -0.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 8.8300 was down 0.02% compared to the 2023 peak of 8.8313, 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 44,150 SVC

2023 Average 43,730 SVC

Yearly Trough Low 43,355 SVC

Transaction Impact: A difference of 795.04 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

8.7571

8.7406

JanuMarcMayJulySeptNove

BMD to SVC 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 8.7478, compared to 8.7494 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 8.7478

H2 Avg (Jul–Dec) 8.7494

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.1033 SVC (High: 8.7743 / Low: 8.6710). On the other end, July was the most stable month, with a tight range of 0.0332 SVC (High: 8.7582 / Low: 8.7250).

August Spread (Volatile) ±0.1033

July Spread (Stable) ±0.0332

Growth Streaks & Declines

Trends

Between April and June, 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 February and March, when the average rate fell by 0.0067 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0067

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 8.7515) against the same month in 2023 (average: 8.7510), the exchange rate shifted by +0.0005 (+0.01%).

2024 Avg (February) 8.7515

2023 Avg (February) 8.7510

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	8.7746	8.7254	8.7486
February	8.8300	8.7321	8.7515
March	8.7733	8.7109	8.7448
April	8.7717	8.7259	8.7446
May	8.7640	8.7045	8.7471
June	8.8079	8.7294	8.7501
July	8.7582	8.7250	8.7482
August	8.7743	8.6710	8.7420
September	8.7649	8.7278	8.7515
October	8.7858	8.7431	8.7557
November	8.7994	8.7107	8.7515
December	8.7631	8.7152	8.7474