YEARLY HIGH
19.2813 SZL
YEARLY LOW
17.1733 SZL
YEARLY AVERAGE
18.3201 SZL

2024 BMD to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BMD to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 19.2813. Conversely, the yearly low was recorded on September 29, dropping to 17.1733.

This high-to-low spread represents a total annual volatility of 2.1080 SZL. From a start-to-finish perspective, comparing the January average rate of 18.7833 to the December average rate of 18.2238, the exchange rate registered a net change of -2.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 19.2813 was down 2.48% compared to the 2023 peak of 19.7712, 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 96,406 SZL
2023 Average 92,229 SZL
Yearly Trough Low 85,866 SZL
Transaction Impact: A difference of 10,539.97 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

19.1085
17.4230
JanuMarcMayJulySeptNove

BMD to SZL 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 18.7126, compared to 17.9275 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7850 points.

H1 Avg (Jan–Jun) 18.7126
H2 Avg (Jul–Dec) 17.9275

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 1.1936 SZL (High: 18.8559 / Low: 17.6623). On the other end, October was the most stable month, with a tight range of 0.4384 SZL (High: 17.7337 / Low: 17.2953).

December Spread (Volatile) ±1.1936
October Spread (Stable) ±0.4384

Growth Streaks & Declines

Trends

Between October and December, 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 April and May, when the average rate fell by 0.4561 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.4561

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 18.9681) against the same month in 2023 (average: 17.9030), the exchange rate shifted by +1.0651 (+5.95%).

2024 Avg (February) 18.9681
2023 Avg (February) 17.9030

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 19.1354 18.4694 18.7833
February 19.2813 18.6000 18.9681
March 19.1450 18.6022 18.8419
April 19.2000 18.5047 18.8552
May 18.6509 18.1350 18.3991
June 19.0330 17.8749 18.4278
July 18.4614 17.9570 18.2287
August 18.5660 17.6355 18.0255
September 17.9810 17.1733 17.6191
October 17.7337 17.2953 17.5635
November 18.2410 17.4259 17.9047
December 18.8559 17.6623 18.2238