YEARLY HIGH
0.0298 BBD
YEARLY LOW
0.0278 BBD
YEARLY AVERAGE
0.0291 BBD

2024 GMD to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GMD to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0298. Conversely, the yearly low was recorded on December 13, dropping to 0.0278.

This high-to-low spread represents a total annual volatility of 0.0020 BBD. From a start-to-finish perspective, comparing the January average rate of 0.0297 to the December average rate of 0.0279, the exchange rate registered a net change of -6.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0298 was down 11.76% compared to the 2023 peak of 0.0337, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 149 BBD
2023 Average 161 BBD
Yearly Trough Low 139 BBD
Transaction Impact: A difference of 9.92 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0299
0.0277
JanuMarcMayJulySeptNove

GMD to BBD 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 0.0295, compared to 0.0286 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0295
H2 Avg (Jul–Dec) 0.0286

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0013 BBD (High: 0.0296 / Low: 0.0284). On the other end, June was the most stable month, with a tight range of 0.0000 BBD (High: 0.0295 / Low: 0.0295).

October Spread (Volatile) ±0.0013
June Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between March and June, 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 0.0008 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0297) against the same month in 2023 (average: 0.0322), the exchange rate shifted by -0.0025 (-7.83%).

2024 Avg (January) 0.0297
2023 Avg (January) 0.0322

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0298 0.0297 0.0297
February 0.0297 0.0294 0.0296
March 0.0295 0.0294 0.0294
April 0.0295 0.0294 0.0295
May 0.0295 0.0295 0.0295
June 0.0295 0.0295 0.0295
July 0.0295 0.0288 0.0295
August 0.0290 0.0282 0.0286
September 0.0292 0.0282 0.0288
October 0.0296 0.0284 0.0289
November 0.0284 0.0280 0.0281
December 0.0282 0.0278 0.0279