2023 ANG to BAM Historical Review

YEARLY HIGH

1.0361 BAM

YEARLY LOW

0.9640 BAM

YEARLY AVERAGE

1.0037 BAM

2023 ANG to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ANG to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 1.0361. Conversely, the yearly low was recorded on July 18, dropping to 0.9640.

This high-to-low spread represents a total annual volatility of 0.0722 BAM. From a start-to-finish perspective, comparing the January average rate of 1.0086 to the December average rate of 0.9932, the exchange rate registered a net change of -1.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.0361 was down 8.59% compared to the 2022 peak of 1.1335, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,181 BAM

2022 Average 5,160 BAM

Yearly Trough Low 4,820 BAM

Transaction Impact: A difference of 360.82 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.0320

0.9781

JanuMarcMayJulySeptNove

ANG 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 1.0044, compared to 1.0030 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 1.0044

H2 Avg (Jul–Dec) 1.0030

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0415 BAM (High: 1.0294 / Low: 0.9879). On the other end, April was the most stable month, with a tight range of 0.0172 BAM (High: 0.9985 / Low: 0.9813).

November Spread (Volatile) ±0.0415

April Spread (Stable) ±0.0172

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 0.0254 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0254

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 1.0275) against the same month in 2022 (average: 1.1058), the exchange rate shifted by -0.0783 (-7.08%).

2023 Avg (October) 1.0275

2022 Avg (October) 1.1058

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0341	0.9953	1.0086
February	1.0274	0.9862	1.0129
March	1.0298	0.9970	1.0153
April	0.9985	0.9813	0.9899
May	1.0128	0.9811	0.9981
June	1.0149	0.9860	1.0016
July	0.9998	0.9640	0.9826
August	1.0046	0.9839	0.9944
September	1.0296	1.0005	1.0150
October	1.0361	1.0184	1.0275
November	1.0294	0.9879	1.0052
December	1.0078	0.9759	0.9932