YEARLY HIGH
114.1119 LRD
YEARLY LOW
95.9907 LRD
YEARLY AVERAGE
105.9428 LRD

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BAM based on timing:

Yearly Peak High 570,559 LRD
2023 Average 483,365 LRD
Yearly Trough Low 479,954 LRD
Transaction Impact: A difference of 90,605.62 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

112.5476
95.3267
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 106.1999
H2 Avg (Jul–Dec) 105.6858

Volatility Range Comparison

Volatility

The 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).

November Spread (Volatile) ±11.0262
January Spread (Stable) ±1.3570

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 6.7292 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -6.7292

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2024 Avg (September) 111.1126
2023 Avg (September) 101.8992

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