2023 AED to BAM Historical Review

YEARLY HIGH

0.5085 BAM

YEARLY LOW

0.4732 BAM

YEARLY AVERAGE

0.4923 BAM

2023 AED to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AED to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.5085. Conversely, the yearly low was recorded on July 18, dropping to 0.4732.

This high-to-low spread represents a total annual volatility of 0.0354 BAM. From a start-to-finish perspective, comparing the January average rate of 0.4949 to the December average rate of 0.4879, the exchange rate registered a net change of -1.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5085 was down 8.73% compared to the 2022 peak of 0.5572, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,543 BAM

2022 Average 2,532 BAM

Yearly Trough Low 2,366 BAM

Transaction Impact: A difference of 176.82 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5061

0.4793

JanuMarcMayJulySeptNove

AED 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 0.4926, compared to 0.4920 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.4926

H2 Avg (Jul–Dec) 0.4920

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0203 BAM (High: 0.5042 / Low: 0.4839). On the other end, October was the most stable month, with a tight range of 0.0089 BAM (High: 0.5085 / Low: 0.4996).

February Spread (Volatile) ±0.0203

October Spread (Stable) ±0.0089

Growth Streaks & Declines

Trends

Between July and October, 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 March and April, when the average rate fell by 0.0122 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0122

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.5038) against the same month in 2022 (average: 0.5424), the exchange rate shifted by -0.0385 (-7.10%).

2023 Avg (October) 0.5038

2022 Avg (October) 0.5424

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5079	0.4886	0.4949
February	0.5042	0.4839	0.4971
March	0.5052	0.4889	0.4975
April	0.4901	0.4785	0.4853
May	0.4969	0.4814	0.4897
June	0.4981	0.4839	0.4914
July	0.4897	0.4732	0.4816
August	0.4932	0.4828	0.4879
September	0.5053	0.4909	0.4979
October	0.5085	0.4996	0.5038
November	0.5048	0.4847	0.4927
December	0.4950	0.4808	0.4879