2024 TOP to BAM Historical Review

YEARLY HIGH

0.7869 BAM

YEARLY LOW

0.7415 BAM

YEARLY AVERAGE

0.7630 BAM

2024 TOP to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TOP to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 0.7869. Conversely, the yearly low was recorded on August 25, dropping to 0.7415.

This high-to-low spread represents a total annual volatility of 0.0454 BAM. From a start-to-finish perspective, comparing the January average rate of 0.7608 to the December average rate of 0.7794, the exchange rate registered a net change of 2.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.7869 was down 0.74% compared to the 2023 peak of 0.7928, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,935 BAM

2023 Average 3,827 BAM

Yearly Trough Low 3,708 BAM

Transaction Impact: A difference of 227.07 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7823

0.7478

JanuMarcMayJulySeptNove

TOP 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 0.7640, compared to 0.7620 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.7640

H2 Avg (Jul–Dec) 0.7620

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0296 BAM (High: 0.7832 / Low: 0.7535). On the other end, May was the most stable month, with a tight range of 0.0065 BAM (High: 0.7675 / Low: 0.7610).

November Spread (Volatile) ±0.0296

May Spread (Stable) ±0.0065

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 0.0103 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0103

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.7794) against the same month in 2023 (average: 0.7625), the exchange rate shifted by +0.0169 (+2.21%).

2024 Avg (December) 0.7794

2023 Avg (December) 0.7625

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7651	0.7577	0.7608
February	0.7683	0.7577	0.7649
March	0.7647	0.7552	0.7598
April	0.7705	0.7556	0.7643
May	0.7675	0.7610	0.7642
June	0.7755	0.7627	0.7703
July	0.7720	0.7542	0.7617
August	0.7613	0.7415	0.7515
September	0.7573	0.7468	0.7507
October	0.7636	0.7554	0.7597
November	0.7832	0.7535	0.7693
December	0.7869	0.7717	0.7794