YEARLY HIGH
0.5130 BAM
YEARLY LOW
0.4751 BAM
YEARLY AVERAGE
0.4922 BAM

2024 AED to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AED to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 0.5130. Conversely, the yearly low was recorded on August 25, dropping to 0.4751.

This high-to-low spread represents a total annual volatility of 0.0380 BAM. From a start-to-finish perspective, comparing the January average rate of 0.4879 to the December average rate of 0.5081, the exchange rate registered a net change of 4.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5130 was up 0.89% compared to the 2023 peak of 0.5085, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,565 BAM
2023 Average 2,461 BAM
Yearly Trough Low 2,375 BAM
Transaction Impact: A difference of 189.76 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5110
0.4763
JanuMarcMayJulySeptNove

AED to BAM 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 0.4924, compared to 0.4919 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.4924
H2 Avg (Jul–Dec) 0.4919

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0228 BAM (High: 0.5110 / Low: 0.4882). On the other end, March was the most stable month, with a tight range of 0.0073 BAM (High: 0.4938 / Low: 0.4865).

November Spread (Volatile) ±0.0228
March Spread (Stable) ±0.0073

Growth Streaks & Declines

Trends

Between September and December, 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 0.0070 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0070

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.5081) against the same month in 2023 (average: 0.4879), the exchange rate shifted by +0.0202 (+4.14%).

2024 Avg (December) 0.5081
2023 Avg (December) 0.4879

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4917 0.4821 0.4879
February 0.4972 0.4893 0.4931
March 0.4938 0.4865 0.4900
April 0.5009 0.4900 0.4962
May 0.4991 0.4887 0.4927
June 0.4985 0.4889 0.4947
July 0.4968 0.4869 0.4907
August 0.4933 0.4751 0.4837
September 0.4833 0.4757 0.4792
October 0.4940 0.4799 0.4886
November 0.5110 0.4882 0.5008
December 0.5130 0.5031 0.5081