YEARLY HIGH
0.7771 CAD
YEARLY LOW
0.7395 CAD
YEARLY AVERAGE
0.7581 CAD

2024 BAM to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BAM to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 2, valuing the pair at 0.7771. Conversely, the yearly low was recorded on February 15, dropping to 0.7395.

This high-to-low spread represents a total annual volatility of 0.0376 CAD. From a start-to-finish perspective, comparing the January average rate of 0.7488 to the December average rate of 0.7642, the exchange rate registered a net change of 2.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.7771 was up 0.69% compared to the 2023 peak of 0.7718, 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 3,886 CAD
2023 Average 3,734 CAD
Yearly Trough Low 3,697 CAD
Transaction Impact: A difference of 188.18 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7722
0.7426
JanuMarcMayJulySeptNove

BAM to CAD 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 0.7511, compared to 0.7652 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0141 points.

H1 Avg (Jan–Jun) 0.7511
H2 Avg (Jul–Dec) 0.7652

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0348 CAD (High: 0.7771 / Low: 0.7423). On the other end, October was the most stable month, with a tight range of 0.0100 CAD (High: 0.7727 / Low: 0.7626).

November Spread (Volatile) ±0.0348
October Spread (Stable) ±0.0100

Growth Streaks & Declines

Trends

Between June and September, 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 October and November, when the average rate fell by 0.0064 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0064

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.7603) against the same month in 2023 (average: 0.7575), the exchange rate shifted by +0.0028 (+0.37%).

2024 Avg (November) 0.7603
2023 Avg (November) 0.7575

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7535 0.7426 0.7488
February 0.7524 0.7395 0.7451
March 0.7571 0.7451 0.7525
April 0.7600 0.7452 0.7508
May 0.7615 0.7478 0.7552
June 0.7672 0.7486 0.7543
July 0.7688 0.7495 0.7609
August 0.7752 0.7633 0.7692
September 0.7762 0.7632 0.7697
October 0.7727 0.7626 0.7667
November 0.7771 0.7423 0.7603
December 0.7762 0.7547 0.7642