2024 BAM to UAH Historical Review

YEARLY HIGH

23.7051 UAH

YEARLY LOW

20.6516 UAH

YEARLY AVERAGE

22.2280 UAH

2024 BAM to UAH Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BAM to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 23.7051. Conversely, the yearly low was recorded on February 5, dropping to 20.6516.

This high-to-low spread represents a total annual volatility of 3.0535 UAH. From a start-to-finish perspective, comparing the January average rate of 21.1189 to the December average rate of 22.3851, the exchange rate registered a net change of 6.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 23.7051 was up 9.53% compared to the 2023 peak of 21.6429, 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 118,525 UAH

2023 Average 101,788 UAH

Yearly Trough Low 103,258 UAH

Transaction Impact: A difference of 15,267.35 UAH purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

23.6924

20.7292

JanuMarcMayJulySeptNove

BAM to UAH 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 21.5771, compared to 22.8788 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3016 points.

H1 Avg (Jan–Jun) 21.5771

H2 Avg (Jul–Dec) 22.8788

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 1.0937 UAH (High: 23.1282 / Low: 22.0345). On the other end, April was the most stable month, with a tight range of 0.2694 UAH (High: 21.7374 / Low: 21.4680).

November Spread (Volatile) ±1.0937

April Spread (Stable) ±0.2694

Growth Streaks & Declines

Trends

Between February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.4849 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.4849

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 23.4454) against the same month in 2023 (average: 20.1881), the exchange rate shifted by +3.2574 (+16.14%).

2024 Avg (September) 23.4454

2023 Avg (September) 20.1881

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	21.5336	20.8046	21.1189
February	21.3320	20.6516	20.9761
March	21.7701	21.1120	21.5153
April	21.7374	21.4680	21.6092
May	22.4982	21.6009	21.9588
June	22.5379	22.1138	22.2845
July	23.1855	22.3359	22.7520
August	23.6135	22.6990	23.1804
September	23.7051	23.2246	23.4454
October	23.4208	22.7323	22.9972
November	23.1282	22.0345	22.5123
December	22.5273	22.2504	22.3851