2024 MXN to BAM Historical Review

YEARLY HIGH

0.1107 BAM

YEARLY LOW

0.0881 BAM

YEARLY AVERAGE

0.0992 BAM

2024 MXN to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MXN to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on April 11, valuing the pair at 0.1107. Conversely, the yearly low was recorded on September 6, dropping to 0.0881.

This high-to-low spread represents a total annual volatility of 0.0226 BAM. From a start-to-finish perspective, comparing the January average rate of 0.1051 to the December average rate of 0.0922, the exchange rate registered a net change of -12.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1107 was up 2.29% compared to the 2023 peak of 0.1083, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 5,537 BAM

2023 Average 5,104 BAM

Yearly Trough Low 4,406 BAM

Transaction Impact: A difference of 1,130.07 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1103

0.0880

JanuMarcMayJulySeptNove

MXN 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 0.1057, compared to 0.0927 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0131 points.

H1 Avg (Jan–Jun) 0.1057

H2 Avg (Jul–Dec) 0.0927

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0092 BAM (High: 0.1061 / Low: 0.0969). On the other end, February was the most stable month, with a tight range of 0.0020 BAM (High: 0.1069 / Low: 0.1049).

June Spread (Volatile) ±0.0092

February Spread (Stable) ±0.0020

Growth Streaks & Declines

Trends

Between January and April, 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 May and June, when the average rate fell by 0.0078 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0078

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.1084) against the same month in 2023 (average: 0.0986), the exchange rate shifted by +0.0098 (+9.91%).

2024 Avg (April) 0.1084

2023 Avg (April) 0.0986

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1061	0.1039	0.1051
February	0.1069	0.1049	0.1060
March	0.1095	0.1059	0.1073
April	0.1107	0.1060	0.1084
May	0.1088	0.1059	0.1077
June	0.1061	0.0969	0.1000
July	0.1021	0.0962	0.0996
August	0.0957	0.0885	0.0928
September	0.0922	0.0881	0.0898
October	0.0928	0.0897	0.0912
November	0.0922	0.0886	0.0905
December	0.0939	0.0900	0.0922