2024 BAM to IRR Historical Review

YEARLY HIGH

24143.9333 IRR

YEARLY LOW

22415.4088 IRR

YEARLY AVERAGE

23291.2295 IRR

2024 BAM to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BAM to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 22, valuing the pair at 24143.9333. Conversely, the yearly low was recorded on November 24, dropping to 22415.4088.

This high-to-low spread represents a total annual volatility of 1728.5245 IRR. From a start-to-finish perspective, comparing the January average rate of 23465.5824 to the December average rate of 22604.1067, the exchange rate registered a net change of -3.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 24143.9333 was down 0.72% compared to the 2023 peak of 24318.3385, 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 120,719,666 IRR

2023 Average 116,781,374 IRR

Yearly Trough Low 112,077,044 IRR

Transaction Impact: A difference of 8,642,622.35 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

24052.6923

22472.4171

JanuMarcMayJulySeptNove

BAM to IRR 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 23260.6375, compared to 23321.8215 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 61.1840 points.

H1 Avg (Jan–Jun) 23260.6375

H2 Avg (Jul–Dec) 23321.8215

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 1064.6210 IRR (High: 23480.0298 / Low: 22415.4088). On the other end, March was the most stable month, with a tight range of 347.3287 IRR (High: 23530.2018 / Low: 23182.8731).

November Spread (Volatile) ±1064.6210

March Spread (Stable) ±347.3287

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 571.2655 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -571.2655

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 23921.0027) against the same month in 2023 (average: 23104.7740), the exchange rate shifted by +816.2287 (+3.53%).

2024 Avg (September) 23921.0027

2023 Avg (September) 23104.7740

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	23779.0539	23281.5529	23465.5824
February	23395.3854	23013.6302	23210.8906
March	23530.2018	23182.8731	23364.1027
April	23376.9648	22863.9313	23089.4532
May	23433.9230	22947.5919	23257.7668
June	23446.6719	22987.8057	23176.0290
July	23533.1054	23063.8807	23359.9582
August	24122.7995	23230.6129	23697.2539
September	24143.9333	23717.2652	23921.0027
October	23877.1973	23200.0498	23459.9364
November	23480.0298	22415.4088	22888.6709
December	22784.1100	22421.2510	22604.1067