2024 BAM to LRD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 BAM to LRD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the BAM to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 21, valuing the pair at 114.1119. Conversely, the yearly low was recorded on November 24, dropping to 95.9907.
This high-to-low spread represents a total annual volatility of 18.1211 LRD. From a start-to-finish perspective, comparing the January average rate of 105.5482 to the December average rate of 96.7618, the exchange rate registered a net change of -8.32% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 114.1119 was up 6.91% compared to the 2023 peak of 106.7334, 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 LRD 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 106.1999, compared to 105.6858 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5140 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was November, with a trading range of 11.0262 LRD (High: 107.0169 / Low: 95.9907). On the other end, January was the most stable month, with a tight range of 1.3570 LRD (High: 106.4424 / Low: 105.0854).
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 6.7292 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 111.1126) against the same month in 2023 (average: 101.8992), the exchange rate shifted by +9.2134 (+9.04%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 106.4424 | 105.0854 | 105.5482 |
| February | 106.0907 | 104.3088 | 105.1636 |
| March | 107.7465 | 106.1140 | 106.9475 |
| April | 107.2909 | 102.1912 | 105.7787 |
| May | 107.7962 | 105.5112 | 106.9548 |
| June | 108.0162 | 106.0005 | 106.8064 |
| July | 109.0975 | 106.5631 | 108.1415 |
| August | 111.4481 | 107.8677 | 110.0762 |
| September | 114.1119 | 109.8413 | 111.1126 |
| October | 109.9329 | 105.9968 | 107.3761 |
| November | 107.0169 | 95.9907 | 100.6469 |
| December | 97.9376 | 96.0926 | 96.7618 |