YEARLY HIGH
2.3384 BAM
YEARLY LOW
2.1581 BAM
YEARLY AVERAGE
2.2745 BAM

2021 GBP to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GBP to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 2.3384. Conversely, the yearly low was recorded on January 4, dropping to 2.1581.

This high-to-low spread represents a total annual volatility of 0.1803 BAM. From a start-to-finish perspective, comparing the January average rate of 2.1920 to the December average rate of 2.3029, the exchange rate registered a net change of 5.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.3384 was down 0.72% compared to the 2020 peak of 2.3555, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,692 BAM
2020 Average 11,006 BAM
Yearly Trough Low 10,790 BAM
Transaction Impact: A difference of 901.68 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.3178
2.1806
JanuMarcMayJulySeptNove

GBP 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 2.2537, compared to 2.2953 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0416 points.

H1 Avg (Jan–Jun) 2.2537
H2 Avg (Jul–Dec) 2.2953

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0796 BAM (High: 2.3159 / Low: 2.2363). On the other end, June was the most stable month, with a tight range of 0.0354 BAM (High: 2.2936 / Low: 2.2582).

April Spread (Volatile) ±0.0796
June Spread (Stable) ±0.0354

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0116 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0116

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 2.3029) against the same month in 2020 (average: 2.1611), the exchange rate shifted by +0.1418 (+6.56%).

2021 Avg (December) 2.3029
2020 Avg (December) 2.1611

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.2180 2.1581 2.1920
February 2.2743 2.2132 2.2446
March 2.2975 2.2572 2.2778
April 2.3159 2.2363 2.2662
May 2.2827 2.2364 2.2673
June 2.2936 2.2582 2.2744
July 2.3041 2.2552 2.2838
August 2.3156 2.2712 2.2922
September 2.2982 2.2528 2.2815
October 2.3252 2.2867 2.3063
November 2.3344 2.2712 2.3051
December 2.3384 2.2870 2.3029