YEARLY HIGH
0.0315 BAM
YEARLY LOW
0.0290 BAM
YEARLY AVERAGE
0.0304 BAM

2024 DOP to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DOP to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on May 1, valuing the pair at 0.0315. Conversely, the yearly low was recorded on September 30, dropping to 0.0290.

This high-to-low spread represents a total annual volatility of 0.0025 BAM. From a start-to-finish perspective, comparing the January average rate of 0.0306 to the December average rate of 0.0307, the exchange rate registered a net change of 0.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0315 was down 6.49% compared to the 2023 peak of 0.0337, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 157 BAM
2023 Average 161 BAM
Yearly Trough Low 145 BAM
Transaction Impact: A difference of 12.58 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0311
0.0292
JanuMarcMayJulySeptNove

DOP to BAM 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 0.0307, compared to 0.0301 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0307
H2 Avg (Jul–Dec) 0.0301

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0015 BAM (High: 0.0311 / Low: 0.0297). On the other end, January was the most stable month, with a tight range of 0.0005 BAM (High: 0.0309 / Low: 0.0304).

November Spread (Volatile) ±0.0015
January Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between September and December, 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 July and August, when the average rate fell by 0.0007 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.0310) against the same month in 2023 (average: 0.0330), the exchange rate shifted by -0.0020 (-6.14%).

2024 Avg (May) 0.0310
2023 Avg (May) 0.0330

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0309 0.0304 0.0306
February 0.0312 0.0305 0.0309
March 0.0308 0.0302 0.0305
April 0.0312 0.0304 0.0308
May 0.0315 0.0304 0.0310
June 0.0310 0.0302 0.0307
July 0.0309 0.0302 0.0305
August 0.0306 0.0293 0.0298
September 0.0297 0.0290 0.0293
October 0.0301 0.0292 0.0297
November 0.0311 0.0297 0.0305
December 0.0310 0.0305 0.0307