2017 BAM to AFN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 BAM to AFN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the BAM to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 42.6628. Conversely, the yearly low was recorded on January 5, dropping to 35.4986.
This high-to-low spread represents a total annual volatility of 7.1642 AFN. From a start-to-finish perspective, comparing the January average rate of 36.2656 to the December average rate of 41.9149, the exchange rate registered a net change of 15.58% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 42.6628 was up 5.90% compared to the 2016 peak of 40.2868, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BAM based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
BAM to AFN Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 37.2550, compared to 41.2496 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.9945 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was May, with a trading range of 1.4995 AFN (High: 39.2014 / Low: 37.7019). On the other end, October was the most stable month, with a tight range of 0.7237 AFN (High: 41.3020 / Low: 40.5783).
Growth Streaks & Declines
TrendsBetween January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.7272 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2017: 41.9149) against the same month in 2016 (average: 35.7856), the exchange rate shifted by +6.1293 (+17.13%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 36.7233 | 35.4986 | 36.2656 |
| February | 36.9197 | 36.0626 | 36.3770 |
| March | 36.9968 | 35.9117 | 36.4537 |
| April | 37.7795 | 36.3233 | 36.9180 |
| May | 39.2014 | 37.7019 | 38.4411 |
| June | 39.7017 | 38.7865 | 39.0749 |
| July | 40.9441 | 39.5118 | 40.2189 |
| August | 41.8738 | 41.0511 | 41.3389 |
| September | 42.2226 | 41.1818 | 41.7765 |
| October | 41.3020 | 40.5783 | 41.0493 |
| November | 41.8887 | 40.6265 | 41.1989 |
| December | 42.6628 | 41.3535 | 41.9149 |