YEARLY HIGH
6950.2317 SYP
YEARLY LOW
1333.3507 SYP
YEARLY AVERAGE
1555.5981 SYP

2024 BAM to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BAM to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 6950.2317. Conversely, the yearly low was recorded on December 20, dropping to 1333.3507.

This high-to-low spread represents a total annual volatility of 5616.8810 SYP. From a start-to-finish perspective, comparing the January average rate of 1402.1317 to the December average rate of 3329.6034, the exchange rate registered a net change of 137.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 6950.2317 was up 380.74% compared to the 2023 peak of 1445.7392, 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 34,751,159 SYP
2023 Average 6,949,843 SYP
Yearly Trough Low 6,666,753 SYP
Transaction Impact: A difference of 28,084,405.16 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

3525.9414
1169.8850
JanuMarcMayJulySeptNove

BAM to SYP 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 1389.2681, compared to 1721.9281 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 332.6600 points.

H1 Avg (Jan–Jun) 1389.2681
H2 Avg (Jul–Dec) 1721.9281

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 5616.8810 SYP (High: 6950.2317 / Low: 1333.3507). On the other end, March was the most stable month, with a tight range of 20.4257 SYP (High: 1406.1201 / Low: 1385.6944).

December Spread (Volatile) ±5616.8810
March Spread (Stable) ±20.4257

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 33.7946 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -33.7946

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 3329.6034) against the same month in 2023 (average: 1402.2981), the exchange rate shifted by +1927.3053 (+137.44%).

2024 Avg (December) 3329.6034
2023 Avg (December) 1402.2981

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1418.9665 1391.0963 1402.1317
February 1397.8979 1375.7420 1387.2152
March 1406.1201 1385.6944 1396.3198
April 1396.3822 1365.7370 1378.8647
May 1399.6968 1370.7343 1388.3563
June 1399.2985 1372.3208 1382.7209
July 1404.8740 1376.8623 1393.9892
August 1439.9063 1386.6511 1414.3021
September 1437.8446 1415.2794 1427.4332
October 1425.4155 1384.8268 1400.0176
November 1401.1229 1338.5475 1366.2230
December 6950.2317 1333.3507 3329.6034