2024 BAM to BGN Historical Review

YEARLY HIGH

1.0111 BGN

YEARLY LOW

0.9922 BGN

YEARLY AVERAGE

1.0001 BGN

2024 BAM to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BAM to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 10, valuing the pair at 1.0111. Conversely, the yearly low was recorded on August 3, dropping to 0.9922.

This high-to-low spread represents a total annual volatility of 0.0190 BGN. From a start-to-finish perspective, comparing the January average rate of 1.0005 to the December average rate of 1.0006, the exchange rate registered a net change of 0.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.0111 was down 0.28% compared to the 2023 peak of 1.0140, 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 5,056 BGN

2023 Average 5,000 BGN

Yearly Trough Low 4,961 BGN

Transaction Impact: A difference of 94.82 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.0011

0.9985

JanuMarcMayJulySeptNove

BAM to BGN 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 1.0002, compared to 1.0001 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 1.0002

H2 Avg (Jul–Dec) 1.0001

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 0.0160 BGN (High: 1.0111 / Low: 0.9952). On the other end, July was the most stable month, with a tight range of 0.0064 BGN (High: 1.0028 / Low: 0.9964).

April Spread (Volatile) ±0.0160

July Spread (Stable) ±0.0064

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 April and May, when the average rate fell by 0.0013 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 1.0009) against the same month in 2023 (average: 1.0000), the exchange rate shifted by +0.0008 (+0.08%).

2024 Avg (April) 1.0009

2023 Avg (April) 1.0000

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0040	0.9970	1.0005
February	1.0082	0.9970	1.0005
March	1.0050	0.9938	0.9999
April	1.0111	0.9952	1.0009
May	1.0033	0.9945	0.9995
June	1.0070	0.9944	1.0001
July	1.0028	0.9964	0.9999
August	1.0026	0.9922	0.9987
September	1.0046	0.9948	1.0002
October	1.0036	0.9960	1.0001
November	1.0063	0.9958	1.0007
December	1.0101	0.9942	1.0006