2024 FJD to BAM Historical Review

YEARLY HIGH

0.8231 BAM

YEARLY LOW

0.7878 BAM

YEARLY AVERAGE

0.8035 BAM

2024 FJD to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FJD to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 0.8231. Conversely, the yearly low was recorded on September 16, dropping to 0.7878.

This high-to-low spread represents a total annual volatility of 0.0353 BAM. From a start-to-finish perspective, comparing the January average rate of 0.8024 to the December average rate of 0.8089, the exchange rate registered a net change of 0.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.8231 was down 3.47% compared to the 2023 peak of 0.8526, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,115 BAM

2023 Average 4,055 BAM

Yearly Trough Low 3,939 BAM

Transaction Impact: A difference of 176.32 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.8130

0.7949

JanuMarcMayJulySeptNove

FJD 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 0.8036, compared to 0.8035 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.8036

H2 Avg (Jul–Dec) 0.8035

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0352 BAM (High: 0.8231 / Low: 0.7879). On the other end, April was the most stable month, with a tight range of 0.0112 BAM (High: 0.8082 / Low: 0.7970).

November Spread (Volatile) ±0.0352

April Spread (Stable) ±0.0112

Growth Streaks & Declines

Trends

Between August and November, 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 0.0068 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0068

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.8115) against the same month in 2023 (average: 0.8009), the exchange rate shifted by +0.0106 (+1.32%).

2024 Avg (November) 0.8115

2023 Avg (November) 0.8009

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8097	0.7921	0.8024
February	0.8115	0.7934	0.8053
March	0.8058	0.7889	0.7992
April	0.8082	0.7970	0.8040
May	0.8118	0.7947	0.8022
June	0.8168	0.7950	0.8083
July	0.8142	0.7963	0.8033
August	0.8027	0.7888	0.7964
September	0.8047	0.7878	0.7972
October	0.8093	0.7936	0.8035
November	0.8231	0.7879	0.8115
December	0.8191	0.8014	0.8089