YEARLY HIGH
0.0267 BMD
YEARLY LOW
0.0238 BMD
YEARLY AVERAGE
0.0249 BMD

2024 UAH to BMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the UAH to BMD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 22, valuing the pair at 0.0267. Conversely, the yearly low was recorded on December 23, dropping to 0.0238.

This high-to-low spread represents a total annual volatility of 0.0030 BMD. From a start-to-finish perspective, comparing the January average rate of 0.0264 to the December average rate of 0.0239, the exchange rate registered a net change of -9.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0267 was down 4.13% compared to the 2023 peak of 0.0279, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 134 BMD
2023 Average 136 BMD
Yearly Trough Low 119 BMD
Transaction Impact: A difference of 14.85 BMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0267
0.0237
JanuMarcMayJulySeptNove

UAH 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 0.0256, compared to 0.0242 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.0256
H2 Avg (Jul–Dec) 0.0242

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0009 BMD (High: 0.0264 / Low: 0.0255). On the other end, October was the most stable month, with a tight range of 0.0002 BMD (High: 0.0243 / Low: 0.0241).

March Spread (Volatile) ±0.0009
October 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 February and March, when the average rate fell by 0.0005 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0264) against the same month in 2023 (average: 0.0272), the exchange rate shifted by -0.0008 (-2.86%).

2024 Avg (January) 0.0264
2023 Avg (January) 0.0272

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0267 0.0262 0.0264
February 0.0267 0.0259 0.0263
March 0.0264 0.0255 0.0258
April 0.0258 0.0251 0.0254
May 0.0255 0.0247 0.0252
June 0.0249 0.0245 0.0247
July 0.0247 0.0240 0.0244
August 0.0245 0.0242 0.0243
September 0.0244 0.0241 0.0242
October 0.0243 0.0241 0.0242
November 0.0243 0.0240 0.0242
December 0.0241 0.0238 0.0239