YEARLY HIGH
0.2060 BMD
YEARLY LOW
0.1485 BMD
YEARLY AVERAGE
0.1863 BMD

2024 BRL to BMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BRL to BMD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.2060. Conversely, the yearly low was recorded on December 25, dropping to 0.1485.

This high-to-low spread represents a total annual volatility of 0.0575 BMD. From a start-to-finish perspective, comparing the January average rate of 0.2037 to the December average rate of 0.1634, the exchange rate registered a net change of -19.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2060 was down 2.66% compared to the 2023 peak of 0.2116, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 BRL based on timing:

Yearly Peak High 5,150 BMD
2023 Average 5,010 BMD
Yearly Trough Low 3,713 BMD
Transaction Impact: A difference of 1,437.94 BMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2078
0.1594
JanuMarcMayJulySeptNove

BRL to BMD 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 0.1968, compared to 0.1758 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0210 points.

H1 Avg (Jan–Jun) 0.1968
H2 Avg (Jul–Dec) 0.1758

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0194 BMD (High: 0.1679 / Low: 0.1485). On the other end, February was the most stable month, with a tight range of 0.0032 BMD (High: 0.2034 / Low: 0.2002).

December Spread (Volatile) ±0.0194
February Spread (Stable) ±0.0032

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0093 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0093

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.2037) against the same month in 2023 (average: 0.1928), the exchange rate shifted by +0.0109 (+5.66%).

2024 Avg (January) 0.2037
2023 Avg (January) 0.1928

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2060 0.2004 0.2037
February 0.2034 0.2002 0.2014
March 0.2026 0.1987 0.2006
April 0.1996 0.1891 0.1951
May 0.1971 0.1906 0.1947
June 0.1906 0.1788 0.1854
July 0.1846 0.1761 0.1805
August 0.1849 0.1738 0.1801
September 0.1843 0.1764 0.1805
October 0.1843 0.1727 0.1779
November 0.1761 0.1662 0.1723
December 0.1679 0.1485 0.1634