2024 BMD to TJS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 BMD to TJS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the BMD to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 11.0252. Conversely, the yearly low was recorded on August 4, dropping to 10.4798.
This high-to-low spread represents a total annual volatility of 0.5454 TJS. From a start-to-finish perspective, comparing the January average rate of 10.9239 to the December average rate of 10.9126, the exchange rate registered a net change of -0.10% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 11.0252 was up 0.15% compared to the 2023 peak of 11.0086, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BMD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
BMD to TJS Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 10.8798, compared to 10.6881 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1916 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was November, with a trading range of 0.3147 TJS (High: 10.9069 / Low: 10.5922). On the other end, December was the most stable month, with a tight range of 0.0584 TJS (High: 10.9380 / Low: 10.8796).
Growth Streaks & Declines
TrendsBetween August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.1583 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2024: 10.9449) against the same month in 2023 (average: 10.3908), the exchange rate shifted by +0.5541 (+5.33%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 10.9757 | 10.8967 | 10.9239 |
| February | 11.0252 | 10.9053 | 10.9449 |
| March | 10.9888 | 10.9061 | 10.9435 |
| April | 10.9607 | 10.9012 | 10.9332 |
| May | 10.9289 | 10.7206 | 10.8457 |
| June | 10.8057 | 10.5780 | 10.6874 |
| July | 10.7039 | 10.5848 | 10.6378 |
| August | 10.7000 | 10.4798 | 10.6070 |
| September | 10.6856 | 10.6133 | 10.6468 |
| October | 10.6937 | 10.6212 | 10.6559 |
| November | 10.9069 | 10.5922 | 10.6688 |
| December | 10.9380 | 10.8796 | 10.9126 |