2024 BAM to SLL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 BAM to SLL Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the BAM to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 12017.4151. Conversely, the yearly low was recorded on December 20, dropping to 11128.1047.
This high-to-low spread represents a total annual volatility of 889.3104 SLL. From a start-to-finish perspective, comparing the January average rate of 11702.1494 to the December average rate of 11236.5398, 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 12017.4151 was up 1.20% compared to the 2023 peak of 11875.0311, 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 SLL 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 11594.7899, compared to 11612.4551 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 17.6652 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was November, with a trading range of 522.2521 SLL (High: 11693.7296 / Low: 11171.4775). On the other end, March was the most stable month, with a tight range of 170.4727 SLL (High: 11735.4365 / Low: 11564.9639).
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 282.0484 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2024: 11803.7232) against the same month in 2023 (average: 11701.3151), the exchange rate shifted by +102.4081 (+0.88%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 11842.6522 | 11610.0481 | 11702.1494 |
| February | 11666.8141 | 11481.9015 | 11577.6562 |
| March | 11735.4365 | 11564.9639 | 11653.6428 |
| April | 11654.1638 | 11398.4002 | 11507.9636 |
| May | 11681.8278 | 11440.1077 | 11587.1802 |
| June | 11678.5032 | 11453.3482 | 11540.1471 |
| July | 11725.0360 | 11491.2515 | 11634.1923 |
| August | 12017.4151 | 11572.9486 | 11803.7232 |
| September | 12000.2083 | 11811.8796 | 11913.3146 |
| October | 11896.4749 | 11557.7227 | 11684.5046 |
| November | 11693.7296 | 11171.4775 | 11402.4562 |
| December | 11348.4892 | 11128.1047 | 11236.5398 |