YEARLY HIGH
0.0324 BAM
YEARLY LOW
0.0146 BAM
YEARLY AVERAGE
0.0249 BAM

2024 ETB to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ETB to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on April 17, valuing the pair at 0.0324. Conversely, the yearly low was recorded on December 6, dropping to 0.0146.

This high-to-low spread represents a total annual volatility of 0.0178 BAM. From a start-to-finish perspective, comparing the January average rate of 0.0318 to the December average rate of 0.0147, the exchange rate registered a net change of -53.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0324 was down 6.88% compared to the 2023 peak of 0.0348, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 162 BAM
2023 Average 165 BAM
Yearly Trough Low 73 BAM
Transaction Impact: A difference of 89.00 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0338
0.0130
JanuMarcMayJulySeptNove

ETB 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 0.0318, compared to 0.0181 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0137 points.

H1 Avg (Jan–Jun) 0.0318
H2 Avg (Jul–Dec) 0.0181

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0079 BAM (High: 0.0318 / Low: 0.0239). On the other end, March was the most stable month, with a tight range of 0.0005 BAM (High: 0.0320 / Low: 0.0315).

July Spread (Volatile) ±0.0079
March Spread (Stable) ±0.0005

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 0.0135 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0135

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0320) against the same month in 2023 (average: 0.0329), the exchange rate shifted by -0.0009 (-2.66%).

2024 Avg (April) 0.0320
2023 Avg (April) 0.0329

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0321 0.0314 0.0318
February 0.0324 0.0317 0.0320
March 0.0320 0.0315 0.0317
April 0.0324 0.0316 0.0320
May 0.0320 0.0313 0.0316
June 0.0320 0.0313 0.0316
July 0.0318 0.0239 0.0310
August 0.0230 0.0155 0.0175
September 0.0160 0.0146 0.0153
October 0.0152 0.0147 0.0149
November 0.0153 0.0147 0.0150
December 0.0151 0.0146 0.0147