YEARLY HIGH
0.7500 BND
YEARLY LOW
0.7179 BND
YEARLY AVERAGE
0.7393 BND

2024 BAM to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BAM to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on May 31, valuing the pair at 0.7500. Conversely, the yearly low was recorded on November 24, dropping to 0.7179.

This high-to-low spread represents a total annual volatility of 0.0321 BND. From a start-to-finish perspective, comparing the January average rate of 0.7450 to the December average rate of 0.7234, the exchange rate registered a net change of -2.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.7500 was down 1.52% compared to the 2023 peak of 0.7615, 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 3,750 BND
2023 Average 3,713 BND
Yearly Trough Low 3,589 BND
Transaction Impact: A difference of 160.43 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7493
0.7210
JanuMarcMayJulySeptNove

BAM to BND 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 0.7446, compared to 0.7340 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0106 points.

H1 Avg (Jan–Jun) 0.7446
H2 Avg (Jul–Dec) 0.7340

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0178 BND (High: 0.7357 / Low: 0.7179). On the other end, March was the most stable month, with a tight range of 0.0037 BND (High: 0.7473 / Low: 0.7436).

November Spread (Volatile) ±0.0178
March Spread (Stable) ±0.0037

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 September and October, when the average rate fell by 0.0065 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0065

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.7467) against the same month in 2023 (average: 0.7445), the exchange rate shifted by +0.0021 (+0.28%).

2024 Avg (May) 0.7467
2023 Avg (May) 0.7445

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7481 0.7414 0.7450
February 0.7482 0.7390 0.7424
March 0.7473 0.7436 0.7450
April 0.7480 0.7399 0.7442
May 0.7500 0.7427 0.7467
June 0.7499 0.7396 0.7440
July 0.7494 0.7445 0.7469
August 0.7451 0.7368 0.7405
September 0.7403 0.7322 0.7365
October 0.7326 0.7277 0.7301
November 0.7357 0.7179 0.7265
December 0.7256 0.7205 0.7234