YEARLY HIGH
1635.9717 CDF
YEARLY LOW
1479.8446 CDF
YEARLY AVERAGE
1557.7763 CDF

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.

Transfer Payout Power Comparison

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

Yearly Peak High 8,179,859 CDF
2023 Average 6,465,366 CDF
Yearly Trough Low 7,399,223 CDF
Transaction Impact: A difference of 780,635.44 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1628.1299
1509.0088
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 1536.2845
H2 Avg (Jul–Dec) 1579.2682

Volatility Range Comparison

Volatility

The 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).

January Spread (Volatile) ±66.2672
March Spread (Stable) ±19.6891

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 5 Mo.
Sharpest MoM Drop -35.5384

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2024 Avg (September) 1618.2031
2023 Avg (September) 1358.1689

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