2024 BAM to CDF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 BAM to CDF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the BAM to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 1635.9717. Conversely, the yearly low was recorded on January 20, dropping to 1479.8446.
This high-to-low spread represents a total annual volatility of 156.1271 CDF. From a start-to-finish perspective, comparing the January average rate of 1518.9356 to the December average rate of 1529.4414, the exchange rate registered a net change of 0.69% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 1635.9717 was up 4.32% compared to the 2023 peak of 1568.2402, 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 2024.
BAM to CDF 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 1536.2845, compared to 1579.2682 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 42.9838 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was January, with a trading range of 66.2672 CDF (High: 1546.1119 / Low: 1479.8446). On the other end, March was the most stable month, with a tight range of 19.6891 CDF (High: 1552.5659 / Low: 1532.8767).
Growth Streaks & Declines
TrendsBetween April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 35.5384 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 1618.2031) against the same month in 2023 (average: 1358.1689), the exchange rate shifted by +260.0342 (+19.15%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1546.1119 | 1479.8446 | 1518.9356 |
| February | 1537.8630 | 1507.1434 | 1521.8071 |
| March | 1552.5659 | 1532.8767 | 1541.7548 |
| April | 1565.3104 | 1510.6970 | 1532.0028 |
| May | 1568.3663 | 1523.6878 | 1544.7318 |
| June | 1584.2023 | 1544.1242 | 1558.4748 |
| July | 1593.6629 | 1557.3609 | 1577.7870 |
| August | 1627.1370 | 1574.9715 | 1603.6145 |
| September | 1635.9717 | 1603.1243 | 1618.2031 |
| October | 1619.3633 | 1568.0985 | 1591.0509 |
| November | 1587.2452 | 1525.7758 | 1555.5125 |
| December | 1553.7572 | 1509.3520 | 1529.4414 |