2024 PEN to BAM Historical Review

YEARLY HIGH

0.5062 BAM

YEARLY LOW

0.4641 BAM

YEARLY AVERAGE

0.4817 BAM

2024 PEN to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PEN to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 0.5062. Conversely, the yearly low was recorded on September 6, dropping to 0.4641.

This high-to-low spread represents a total annual volatility of 0.0421 BAM. From a start-to-finish perspective, comparing the January average rate of 0.4803 to the December average rate of 0.5001, the exchange rate registered a net change of 4.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5062 was up 1.36% compared to the 2023 peak of 0.4994, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,531 BAM

2023 Average 2,418 BAM

Yearly Trough Low 2,320 BAM

Transaction Impact: A difference of 210.64 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5034

0.4637

JanuMarcMayJulySeptNove

PEN 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 0.4823, compared to 0.4811 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.4823

H2 Avg (Jul–Dec) 0.4811

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0199 BAM (High: 0.4870 / Low: 0.4671). On the other end, September was the most stable month, with a tight range of 0.0075 BAM (High: 0.4715 / Low: 0.4641).

August Spread (Volatile) ±0.0199

September Spread (Stable) ±0.0075

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 August and September, when the average rate fell by 0.0087 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0087

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.5001) against the same month in 2023 (average: 0.4796), the exchange rate shifted by +0.0205 (+4.28%).

2024 Avg (December) 0.5001

2023 Avg (December) 0.4796

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4856	0.4730	0.4803
February	0.4778	0.4692	0.4731
March	0.4901	0.4772	0.4844
April	0.4979	0.4853	0.4904
May	0.4916	0.4796	0.4850
June	0.4855	0.4746	0.4804
July	0.4836	0.4743	0.4789
August	0.4870	0.4671	0.4757
September	0.4715	0.4641	0.4670
October	0.4829	0.4752	0.4785
November	0.4951	0.4752	0.4865
December	0.5062	0.4940	0.5001