2024 GMD to BZD Historical Review

YEARLY HIGH

0.0302 BZD

YEARLY LOW

0.0278 BZD

YEARLY AVERAGE

0.0293 BZD

2024 GMD to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GMD to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 0.0302. Conversely, the yearly low was recorded on December 22, dropping to 0.0278.

This high-to-low spread represents a total annual volatility of 0.0024 BZD. From a start-to-finish perspective, comparing the January average rate of 0.0299 to the December average rate of 0.0280, the exchange rate registered a net change of -6.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0302 was down 11.29% compared to the 2023 peak of 0.0340, 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 151 BZD

2023 Average 162 BZD

Yearly Trough Low 139 BZD

Transaction Impact: A difference of 11.80 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0301

0.0278

JanuMarcMayJulySeptNove

GMD to BZD 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 0.0298, compared to 0.0288 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) 0.0298

H2 Avg (Jul–Dec) 0.0288

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0013 BZD (High: 0.0299 / Low: 0.0286). On the other end, April was the most stable month, with a tight range of 0.0002 BZD (High: 0.0298 / Low: 0.0296).

October Spread (Volatile) ±0.0013

April Spread (Stable) ±0.0002

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 0.0009 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0298) against the same month in 2023 (average: 0.0330), the exchange rate shifted by -0.0032 (-9.61%).

2024 Avg (February) 0.0298

2023 Avg (February) 0.0330

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0300	0.0298	0.0299
February	0.0302	0.0296	0.0298
March	0.0298	0.0295	0.0297
April	0.0298	0.0296	0.0297
May	0.0298	0.0295	0.0297
June	0.0299	0.0297	0.0297
July	0.0298	0.0290	0.0297
August	0.0292	0.0283	0.0288
September	0.0295	0.0284	0.0290
October	0.0299	0.0286	0.0291
November	0.0286	0.0282	0.0283
December	0.0284	0.0278	0.0280