YEARLY HIGH
60.6557 RSD
YEARLY LOW
59.3308 RSD
YEARLY AVERAGE
59.8759 RSD

2024 BAM to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BAM to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 60.6557. Conversely, the yearly low was recorded on August 2, dropping to 59.3308.

This high-to-low spread represents a total annual volatility of 1.3249 RSD. From a start-to-finish perspective, comparing the January average rate of 59.9631 to the December average rate of 59.8468, the exchange rate registered a net change of -0.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 60.6557 was down 0.18% compared to the 2023 peak of 60.7676, 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 303,278 RSD
2023 Average 299,786 RSD
Yearly Trough Low 296,654 RSD
Transaction Impact: A difference of 6,624.33 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

59.9844
59.7292
JanuMarcMayJulySeptNove

BAM to RSD 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 59.9196, compared to 59.8321 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0875 points.

H1 Avg (Jan–Jun) 59.9196
H2 Avg (Jul–Dec) 59.8321

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 1.1806 RSD (High: 60.6557 / Low: 59.4751). On the other end, July was the most stable month, with a tight range of 0.3772 RSD (High: 60.0061 / Low: 59.6288).

December Spread (Volatile) ±1.1806
July Spread (Stable) ±0.3772

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0900 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0900

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 59.8468) against the same month in 2023 (average: 59.9014), the exchange rate shifted by -0.0546 (-0.09%).

2024 Avg (December) 59.8468
2023 Avg (December) 59.9014

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 60.2167 59.7915 59.9631
February 60.4280 59.7277 59.9452
March 60.2458 59.4104 59.9147
April 60.5340 59.5918 59.9484
May 60.0767 59.4913 59.8710
June 60.3663 59.5363 59.8751
July 60.0061 59.6288 59.8404
August 59.9534 59.3308 59.7504
September 60.1621 59.5052 59.8544
October 60.0372 59.6008 59.8403
November 60.1891 59.5492 59.8604
December 60.6557 59.4751 59.8468