2024 BAM to ARS Historical Review

YEARLY HIGH

554.3315 ARS

YEARLY LOW

452.8939 ARS

YEARLY AVERAGE

506.1985 ARS

2024 BAM to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BAM to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 554.3315. Conversely, the yearly low was recorded on January 5, dropping to 452.8939.

This high-to-low spread represents a total annual volatility of 101.4376 ARS. From a start-to-finish perspective, comparing the January average rate of 456.3058 to the December average rate of 546.4809, the exchange rate registered a net change of 19.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 554.3315 was up 20.95% compared to the 2023 peak of 458.3297, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,771,658 ARS

2023 Average 819,811 ARS

Yearly Trough Low 2,264,469 ARS

Transaction Impact: A difference of 507,188.24 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

555.4984

447.2883

JanuMarcMayJulySeptNove

BAM to ARS 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 475.3814, compared to 537.0156 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 61.6342 points.

H1 Avg (Jan–Jun) 475.3814

H2 Avg (Jul–Dec) 537.0156

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 28.0888 ARS (High: 542.3116 / Low: 514.2228). On the other end, January was the most stable month, with a tight range of 5.8935 ARS (High: 458.7873 / Low: 452.8939).

August Spread (Volatile) ±28.0888

January Spread (Stable) ±5.8935

Growth Streaks & Declines

Trends

Between January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 2.3026 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -2.3026

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 545.5764) against the same month in 2023 (average: 191.3305), the exchange rate shifted by +354.2459 (+185.15%).

2024 Avg (September) 545.5764

2023 Avg (September) 191.3305

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	458.7873	452.8939	456.3058
February	467.1289	455.1563	460.5377
March	476.5073	465.9326	472.6748
April	480.9202	471.1093	476.2293
May	496.2311	476.1715	489.3008
June	502.0417	493.8210	497.2402
July	516.8506	501.0122	511.5384
August	542.3116	514.2228	529.5040
September	554.3315	538.1286	545.5764
October	550.1681	542.5162	545.6484
November	553.6062	531.6514	543.3458
December	551.1141	542.1996	546.4809