YEARLY HIGH
0.0201 BND
YEARLY LOW
0.0183 BND
YEARLY AVERAGE
0.0194 BND

2024 GMD to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GMD to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on May 1, valuing the pair at 0.0201. Conversely, the yearly low was recorded on September 30, dropping to 0.0183.

This high-to-low spread represents a total annual volatility of 0.0018 BND. From a start-to-finish perspective, comparing the January average rate of 0.0198 to the December average rate of 0.0188, the exchange rate registered a net change of -5.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0201 was down 11.66% compared to the 2023 peak of 0.0228, 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 101 BND
2023 Average 108 BND
Yearly Trough Low 92 BND
Transaction Impact: A difference of 9.22 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0201
0.0185
JanuMarcMayJulySeptNove

GMD to BND 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 0.0199, compared to 0.0190 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) 0.0199
H2 Avg (Jul–Dec) 0.0190

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0010 BND (High: 0.0194 / Low: 0.0184). On the other end, June was the most stable month, with a tight range of 0.0002 BND (High: 0.0200 / Low: 0.0198).

August Spread (Volatile) ±0.0010
June Spread (Stable) ±0.0002

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 July and August, when the average rate fell by 0.0010 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.0199) against the same month in 2023 (average: 0.0224), the exchange rate shifted by -0.0025 (-10.99%).

2024 Avg (May) 0.0199
2023 Avg (May) 0.0224

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0200 0.0196 0.0198
February 0.0200 0.0198 0.0199
March 0.0199 0.0196 0.0197
April 0.0201 0.0198 0.0200
May 0.0201 0.0197 0.0199
June 0.0200 0.0198 0.0200
July 0.0201 0.0194 0.0198
August 0.0194 0.0184 0.0188
September 0.0189 0.0183 0.0186
October 0.0193 0.0184 0.0189
November 0.0190 0.0184 0.0188
December 0.0190 0.0186 0.0188