2024 EUR to BAM Historical Review

YEARLY HIGH

1.9731 BAM

YEARLY LOW

1.9285 BAM

YEARLY AVERAGE

1.9557 BAM

2024 EUR to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the EUR to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on March 20, valuing the pair at 1.9731. Conversely, the yearly low was recorded on December 18, dropping to 1.9285.

This high-to-low spread represents a total annual volatility of 0.0445 BAM. From a start-to-finish perspective, comparing the January average rate of 1.9551 to the December average rate of 1.9543, the exchange rate registered a net change of -0.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.9731 was down 0.81% compared to the 2023 peak of 1.9892, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,865 BAM

2023 Average 9,783 BAM

Yearly Trough Low 9,643 BAM

Transaction Impact: A difference of 222.67 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.9590

1.9532

JanuMarcMayJulySeptNove

EUR 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 1.9554, compared to 1.9559 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 1.9554

H2 Avg (Jul–Dec) 1.9559

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0379 BAM (High: 1.9664 / Low: 1.9285). On the other end, October was the most stable month, with a tight range of 0.0146 BAM (High: 1.9636 / Low: 1.9490).

December Spread (Volatile) ±0.0379

October Spread (Stable) ±0.0146

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0029 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0029

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 1.9562) against the same month in 2023 (average: 1.9577), the exchange rate shifted by -0.0015 (-0.08%).

2024 Avg (March) 1.9562

2023 Avg (March) 1.9577

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.9629	1.9461	1.9551
February	1.9618	1.9409	1.9551
March	1.9731	1.9455	1.9562
April	1.9659	1.9347	1.9537
May	1.9687	1.9496	1.9569
June	1.9672	1.9409	1.9556
July	1.9651	1.9494	1.9564
August	1.9724	1.9521	1.9585
September	1.9675	1.9459	1.9556
October	1.9636	1.9490	1.9557
November	1.9671	1.9440	1.9547
December	1.9664	1.9285	1.9543