YEARLY HIGH
0.4442 GBP
YEARLY LOW
0.4211 GBP
YEARLY AVERAGE
0.4330 GBP

2024 BAM to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BAM to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.4442. Conversely, the yearly low was recorded on December 10, dropping to 0.4211.

This high-to-low spread represents a total annual volatility of 0.0231 GBP. From a start-to-finish perspective, comparing the January average rate of 0.4391 to the December average rate of 0.4241, the exchange rate registered a net change of -3.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4442 was down 4.24% compared to the 2023 peak of 0.4638, 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 2,221 GBP
2023 Average 2,224 GBP
Yearly Trough Low 2,105 GBP
Transaction Impact: A difference of 115.37 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4406
0.4226
JanuMarcMayJulySeptNove

BAM to GBP 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 0.4371, compared to 0.4289 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0082 points.

H1 Avg (Jan–Jun) 0.4371
H2 Avg (Jul–Dec) 0.4289

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0105 GBP (High: 0.4402 / Low: 0.4298). On the other end, February was the most stable month, with a tight range of 0.0050 GBP (High: 0.4404 / Low: 0.4354).

August Spread (Volatile) ±0.0105
February Spread (Stable) ±0.0050

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0051 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0051

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.4391) against the same month in 2023 (average: 0.4494), the exchange rate shifted by -0.0103 (-2.28%).

2024 Avg (January) 0.4391
2023 Avg (January) 0.4494

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4442 0.4355 0.4391
February 0.4404 0.4354 0.4371
March 0.4410 0.4332 0.4373
April 0.4429 0.4358 0.4387
May 0.4404 0.4345 0.4373
June 0.4375 0.4299 0.4331
July 0.4346 0.4282 0.4311
August 0.4402 0.4298 0.4348
September 0.4334 0.4236 0.4297
October 0.4299 0.4243 0.4271
November 0.4306 0.4230 0.4265
December 0.4271 0.4211 0.4241