2024 BAM to KPW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 BAM to KPW Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the BAM to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 515.7812. Conversely, the yearly low was recorded on December 20, dropping to 477.6124.
This high-to-low spread represents a total annual volatility of 38.1687 KPW. From a start-to-finish perspective, comparing the January average rate of 502.2501 to the December average rate of 482.2664, the exchange rate registered a net change of -3.98% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 515.7812 was down 0.40% compared to the 2023 peak of 517.8706, 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 KPW 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 497.6423, compared to 498.4005 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7582 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was November, with a trading range of 22.4148 KPW (High: 501.8888 / Low: 479.4740). On the other end, March was the most stable month, with a tight range of 7.3166 KPW (High: 503.6788 / Low: 496.3622).
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 12.1054 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2024: 506.6096) against the same month in 2023 (average: 502.2143), the exchange rate shifted by +4.3953 (+0.88%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 508.2805 | 498.2972 | 502.2501 |
| February | 500.7336 | 492.7972 | 496.9070 |
| March | 503.6788 | 496.3622 | 500.1683 |
| April | 500.1906 | 489.2134 | 493.9158 |
| May | 501.3780 | 491.0035 | 497.3157 |
| June | 501.2353 | 491.5717 | 495.2971 |
| July | 503.2324 | 493.1985 | 499.3335 |
| August | 515.7812 | 496.7049 | 506.6096 |
| September | 515.0427 | 506.9597 | 511.3132 |
| October | 510.5905 | 496.0514 | 501.4928 |
| November | 501.8888 | 479.4740 | 489.3875 |
| December | 487.0712 | 477.6124 | 482.2664 |