2024 GBP to BAM Historical Review

YEARLY HIGH

2.3748 BAM

YEARLY LOW

2.2514 BAM

YEARLY AVERAGE

2.3098 BAM

2024 GBP to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GBP to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on December 10, valuing the pair at 2.3748. Conversely, the yearly low was recorded on January 2, dropping to 2.2514.

This high-to-low spread represents a total annual volatility of 0.1234 BAM. From a start-to-finish perspective, comparing the January average rate of 2.2773 to the December average rate of 2.3578, the exchange rate registered a net change of 3.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.3748 was up 2.59% compared to the 2023 peak of 2.3148, 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 11,874 BAM

2023 Average 11,242 BAM

Yearly Trough Low 11,257 BAM

Transaction Impact: A difference of 616.84 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.3659

2.2692

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 2.2878, compared to 2.3317 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0439 points.

H1 Avg (Jan–Jun) 2.2878

H2 Avg (Jul–Dec) 2.3317

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0552 BAM (High: 2.3267 / Low: 2.2715). On the other end, February was the most stable month, with a tight range of 0.0263 BAM (High: 2.2969 / Low: 2.2706).

August Spread (Volatile) ±0.0552

February Spread (Stable) ±0.0263

Growth Streaks & Declines

Trends

Between August and December, 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 July and August, when the average rate fell by 0.0197 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0197

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 2.3578) against the same month in 2023 (average: 2.2695), the exchange rate shifted by +0.0883 (+3.89%).

2024 Avg (December) 2.3578

2023 Avg (December) 2.2695

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2963	2.2514	2.2773
February	2.2969	2.2706	2.2878
March	2.3087	2.2678	2.2866
April	2.2948	2.2580	2.2795
May	2.3014	2.2704	2.2868
June	2.3261	2.2858	2.3090
July	2.3353	2.3010	2.3197
August	2.3267	2.2715	2.3000
September	2.3606	2.3074	2.3270
October	2.3567	2.3261	2.3412
November	2.3638	2.3223	2.3446
December	2.3748	2.3416	2.3578