2024 BAM to INR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
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.
Comparing the value generated converting 5,000 BAM based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |