YEARLY HIGH
0.0104 BAM
YEARLY LOW
0.0088 BAM
YEARLY AVERAGE
0.0095 BAM

2024 LRD to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LRD to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 0.0104. Conversely, the yearly low was recorded on September 22, dropping to 0.0088.

This high-to-low spread represents a total annual volatility of 0.0017 BAM. From a start-to-finish perspective, comparing the January average rate of 0.0095 to the December average rate of 0.0103, the exchange rate registered a net change of 9.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0104 was down 13.69% compared to the 2023 peak of 0.0121, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 52 BAM
2023 Average 52 BAM
Yearly Trough Low 44 BAM
Transaction Impact: A difference of 8.27 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0105
0.0089
JanuMarcMayJulySeptNove

LRD 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 0.0094, compared to 0.0095 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0094
H2 Avg (Jul–Dec) 0.0095

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0011 BAM (High: 0.0104 / Low: 0.0093). On the other end, January was the most stable month, with a tight range of 0.0001 BAM (High: 0.0095 / Low: 0.0094).

November Spread (Volatile) ±0.0011
January Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between September and December, 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 0.0002 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.0100) against the same month in 2023 (average: 0.0096), the exchange rate shifted by +0.0003 (+3.26%).

2024 Avg (November) 0.0100
2023 Avg (November) 0.0096

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0095 0.0094 0.0095
February 0.0096 0.0094 0.0095
March 0.0094 0.0093 0.0094
April 0.0098 0.0093 0.0095
May 0.0095 0.0093 0.0094
June 0.0094 0.0093 0.0094
July 0.0094 0.0092 0.0092
August 0.0093 0.0090 0.0091
September 0.0091 0.0088 0.0090
October 0.0094 0.0091 0.0093
November 0.0104 0.0093 0.0100
December 0.0104 0.0102 0.0103