YEARLY HIGH
35.9604 GMD
YEARLY LOW
33.1465 GMD
YEARLY AVERAGE
34.1474 GMD

2024 BZD to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BZD to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 22, valuing the pair at 35.9604. Conversely, the yearly low was recorded on February 4, dropping to 33.1465.

This high-to-low spread represents a total annual volatility of 2.8139 GMD. From a start-to-finish perspective, comparing the January average rate of 33.3891 to the December average rate of 35.6893, the exchange rate registered a net change of 6.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 35.9604 was up 7.26% compared to the 2023 peak of 33.5267, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 179,802 GMD
2023 Average 154,620 GMD
Yearly Trough Low 165,733 GMD
Transaction Impact: A difference of 14,069.55 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

35.9193
33.1591
JanuMarcMayJulySeptNove

BZD 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 33.5987, compared to 34.6962 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0975 points.

H1 Avg (Jan–Jun) 33.5987
H2 Avg (Jul–Dec) 34.6962

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 1.5018 GMD (High: 34.9802 / Low: 33.4784). On the other end, April was the most stable month, with a tight range of 0.1930 GMD (High: 33.8014 / Low: 33.6084).

October Spread (Volatile) ±1.5018
April Spread (Stable) ±0.1930

Growth Streaks & Declines

Trends

Between January and March, 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 August and September, when the average rate fell by 0.1700 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1700

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 35.6893) against the same month in 2023 (average: 33.3793), the exchange rate shifted by +2.3099 (+6.92%).

2024 Avg (December) 35.6893
2023 Avg (December) 33.3793

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 33.5107 33.3123 33.3891
February 33.7552 33.1465 33.5321
March 33.8594 33.6098 33.7212
April 33.8014 33.6084 33.6970
May 33.8630 33.5773 33.6357
June 33.6912 33.4042 33.6169
July 34.4917 33.5816 33.6621
August 35.2936 34.2226 34.6780
September 35.2330 33.9262 34.5080
October 34.9802 33.4784 34.3491
November 35.5150 34.9712 35.2907
December 35.9604 35.2402 35.6893