YEARLY HIGH
0.7806 BMD
YEARLY LOW
0.7327 BMD
YEARLY AVERAGE
0.7485 BMD

2024 BND to BMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BND to BMD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 0.7806. Conversely, the yearly low was recorded on May 1, dropping to 0.7327.

This high-to-low spread represents a total annual volatility of 0.0479 BMD. From a start-to-finish perspective, comparing the January average rate of 0.7491 to the December average rate of 0.7408, the exchange rate registered a net change of -1.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.7806 was up 1.97% compared to the 2023 peak of 0.7656, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,903 BMD
2023 Average 3,725 BMD
Yearly Trough Low 3,664 BMD
Transaction Impact: A difference of 239.41 BMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7748
0.7340
JanuMarcMayJulySeptNove

BND 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 0.7426, compared to 0.7544 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0118 points.

H1 Avg (Jan–Jun) 0.7426
H2 Avg (Jul–Dec) 0.7544

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0229 BMD (High: 0.7773 / Low: 0.7543). On the other end, June was the most stable month, with a tight range of 0.0067 BMD (High: 0.7434 / Low: 0.7367).

October Spread (Volatile) ±0.0229
June Spread (Stable) ±0.0067

Growth Streaks & Declines

Trends

Between June and September, 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 October and November, when the average rate fell by 0.0148 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0148

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.7714) against the same month in 2023 (average: 0.7340), the exchange rate shifted by +0.0373 (+5.08%).

2024 Avg (September) 0.7714
2023 Avg (September) 0.7340

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7558 0.7441 0.7491
February 0.7487 0.7409 0.7437
March 0.7519 0.7401 0.7460
April 0.7431 0.7329 0.7374
May 0.7459 0.7327 0.7401
June 0.7434 0.7367 0.7397
July 0.7469 0.7360 0.7428
August 0.7704 0.7480 0.7601
September 0.7806 0.7637 0.7714
October 0.7773 0.7543 0.7632
November 0.7595 0.7410 0.7484
December 0.7479 0.7336 0.7408