YEARLY HIGH
48.0330 INR
YEARLY LOW
44.9829 INR
YEARLY AVERAGE
46.2998 INR

2024 BAM to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BAM to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 48.0330. Conversely, the yearly low was recorded on November 24, dropping to 44.9829.

This high-to-low spread represents a total annual volatility of 3.0501 INR. From a start-to-finish perspective, comparing the January average rate of 46.3790 to the December average rate of 45.5497, the exchange rate registered a net change of -1.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 48.0330 was up 1.70% compared to the 2023 peak of 47.2280, 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 240,165 INR
2023 Average 228,387 INR
Yearly Trough Low 224,914 INR
Transaction Impact: A difference of 15,250.71 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

47.8152
45.3437
JanuMarcMayJulySeptNove

BAM to INR 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 46.0219, compared to 46.5777 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5557 points.

H1 Avg (Jan–Jun) 46.0219
H2 Avg (Jul–Dec) 46.5777

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 1.9434 INR (High: 46.9263 / Low: 44.9829). On the other end, March was the most stable month, with a tight range of 0.5947 INR (High: 46.4417 / Low: 45.8470).

November Spread (Volatile) ±1.9434
March Spread (Stable) ±0.5947

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 0.9582 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.9582

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 47.2184) against the same month in 2023 (average: 46.2256), the exchange rate shifted by +0.9928 (+2.15%).

2024 Avg (August) 47.2184
2023 Avg (August) 46.2256

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 46.9893 46.0390 46.3790
February 46.1793 45.4553 45.8098
March 46.4417 45.8470 46.1595
April 46.3643 45.3724 45.7783
May 46.4057 45.5033 46.0621
June 46.5093 45.5999 45.9428
July 46.7747 45.7476 46.3848
August 48.0330 46.2179 47.2184
September 47.9734 47.2731 47.6092
October 47.5858 46.3356 46.8311
November 46.9263 44.9829 45.8729
December 45.8574 45.0793 45.5497