YEARLY HIGH
39.3060 GMD
YEARLY LOW
37.3521 GMD
YEARLY AVERAGE
38.3446 GMD

2021 BND to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BND to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 39.3060. Conversely, the yearly low was recorded on July 20, dropping to 37.3521.

This high-to-low spread represents a total annual volatility of 1.9539 GMD. From a start-to-finish perspective, comparing the January average rate of 38.9394 to the December average rate of 38.5304, the exchange rate registered a net change of -1.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 39.3060 was up 0.34% compared to the 2020 peak of 39.1728, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BND based on timing:

Yearly Peak High 196,530 GMD
2020 Average 186,699 GMD
Yearly Trough Low 186,761 GMD
Transaction Impact: A difference of 9,769.29 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

39.0585
37.6296
JanuMarcMayJulySeptNove

BND to GMD 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 38.5119, compared to 38.1773 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3346 points.

H1 Avg (Jan–Jun) 38.5119
H2 Avg (Jul–Dec) 38.1773

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 0.9249 GMD (High: 38.7474 / Low: 37.8225). On the other end, February was the most stable month, with a tight range of 0.4410 GMD (High: 38.9254 / Low: 38.4844).

September Spread (Volatile) ±0.9249
February Spread (Stable) ±0.4410

Growth Streaks & Declines

Trends

Between 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 June and July, when the average rate fell by 0.5786 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.5786

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 38.9394) against the same month in 2020 (average: 37.8868), the exchange rate shifted by +1.0526 (+2.78%).

2021 Avg (January) 38.9394
2020 Avg (January) 37.8868

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 39.3060 38.7602 38.9394
February 38.9254 38.4844 38.7358
March 38.6271 38.0390 38.2258
April 38.6356 38.0340 38.3035
May 38.7480 38.3025 38.5125
June 38.7007 37.9541 38.3545
July 38.0679 37.3521 37.7758
August 38.1219 37.4815 37.7486
September 38.7474 37.8225 38.1709
October 38.7047 37.9219 38.3702
November 38.7451 38.2420 38.4680
December 39.0702 38.2634 38.5304