2023 AWG to BAM Historical Review

YEARLY HIGH

1.0362 BAM

YEARLY LOW

0.9642 BAM

YEARLY AVERAGE

1.0041 BAM

2023 AWG to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AWG to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 1.0362. Conversely, the yearly low was recorded on July 18, dropping to 0.9642.

This high-to-low spread represents a total annual volatility of 0.0721 BAM. From a start-to-finish perspective, comparing the January average rate of 1.0092 to the December average rate of 0.9949, the exchange rate registered a net change of -1.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.0362 was down 8.86% compared to the 2022 peak of 1.1370, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,181 BAM

2022 Average 5,166 BAM

Yearly Trough Low 4,821 BAM

Transaction Impact: A difference of 360.32 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.0321

0.9771

JanuMarcMayJulySeptNove

AWG 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 1.0046, compared to 1.0036 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 1.0046

H2 Avg (Jul–Dec) 1.0036

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0412 BAM (High: 1.0287 / Low: 0.9875). On the other end, October was the most stable month, with a tight range of 0.0167 BAM (High: 1.0362 / Low: 1.0195).

November Spread (Volatile) ±0.0412

October Spread (Stable) ±0.0167

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 0.0252 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0252

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 1.0276) against the same month in 2022 (average: 1.1061), the exchange rate shifted by -0.0785 (-7.10%).

2023 Avg (October) 1.0276

2022 Avg (October) 1.1061

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0349	0.9969	1.0092
February	1.0273	0.9874	1.0138
March	1.0295	0.9975	1.0146
April	1.0000	0.9762	0.9894
May	1.0130	0.9821	0.9984
June	1.0150	0.9860	1.0020
July	0.9985	0.9642	0.9817
August	1.0064	0.9839	0.9950
September	1.0311	1.0018	1.0157
October	1.0362	1.0195	1.0276
November	1.0287	0.9875	1.0071
December	1.0094	0.9810	0.9949