2024 BMD to TWD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 BMD to TWD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the BMD to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 29, valuing the pair at 32.8643. Conversely, the yearly low was recorded on January 1, dropping to 30.6836.
This high-to-low spread represents a total annual volatility of 2.1807 TWD. From a start-to-finish perspective, comparing the January average rate of 31.1914 to the December average rate of 32.5746, the exchange rate registered a net change of 4.43% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 32.8643 was up 1.19% compared to the 2023 peak of 32.4790, 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 TWD 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 31.8892, compared to 32.3054 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4162 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 1.0235 TWD (High: 32.7930 / Low: 31.7695). On the other end, June was the most stable month, with a tight range of 0.4079 TWD (High: 32.5964 / Low: 32.1885).
Growth Streaks & Declines
TrendsBetween January and April, 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 0.3941 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2024: 32.6311) against the same month in 2023 (average: 31.1881), the exchange rate shifted by +1.4430 (+4.63%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 31.5585 | 30.6836 | 31.1914 |
| February | 31.6629 | 31.2200 | 31.4260 |
| March | 32.0028 | 31.3760 | 31.6812 |
| April | 32.6423 | 31.9812 | 32.3465 |
| May | 32.5249 | 32.0287 | 32.2967 |
| June | 32.5964 | 32.1885 | 32.3932 |
| July | 32.8643 | 32.4080 | 32.6311 |
| August | 32.7930 | 31.7695 | 32.2371 |
| September | 32.1730 | 31.5900 | 31.9527 |
| October | 32.3090 | 31.8778 | 32.0966 |
| November | 32.5835 | 31.8373 | 32.3404 |
| December | 32.8290 | 32.2980 | 32.5746 |