YEARLY HIGH
13002.0000 SYP
YEARLY LOW
2512.5300 SYP
YEARLY AVERAGE
2822.7025 SYP

2024 BMD to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BMD to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 13002.0000. Conversely, the yearly low was recorded on December 20, dropping to 2512.5300.

This high-to-low spread represents a total annual volatility of 10489.4700 SYP. From a start-to-finish perspective, comparing the January average rate of 2512.5300 to the December average rate of 6234.6000, the exchange rate registered a net change of 148.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 13002.0000 was up 417.49% compared to the 2023 peak of 2512.5300, 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 65,010,000 SYP
2023 Average 12,562,650 SYP
Yearly Trough Low 12,562,650 SYP
Transaction Impact: A difference of 52,447,350.00 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

6606.8070
2140.3230
JanuMarcMayJulySeptNove

BMD to SYP 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 2512.5300, compared to 3132.8750 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 620.3450 points.

H1 Avg (Jan–Jun) 2512.5300
H2 Avg (Jul–Dec) 3132.8750

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 10489.4700 SYP (High: 13002.0000 / Low: 2512.5300). On the other end, November was the most stable month, with a tight range of 0.0000 SYP (High: 2512.5300 / Low: 2512.5300).

December Spread (Volatile) ±10489.4700
November Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. No significant month-over-month rate declines were detected.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 6234.6000) against the same month in 2023 (average: 2512.5300), the exchange rate shifted by +3722.0700 (+148.14%).

2024 Avg (December) 6234.6000
2023 Avg (December) 2512.5300

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2512.5300 2512.5300 2512.5300
February 2512.5300 2512.5300 2512.5300
March 2512.5300 2512.5300 2512.5300
April 2512.5300 2512.5300 2512.5300
May 2512.5300 2512.5300 2512.5300
June 2512.5300 2512.5300 2512.5300
July 2512.5300 2512.5300 2512.5300
August 2512.5300 2512.5300 2512.5300
September 2512.5300 2512.5300 2512.5300
October 2512.5300 2512.5300 2512.5300
November 2512.5300 2512.5300 2512.5300
December 13002.0000 2512.5300 6234.6000