2023 BAM to AED Historical Review

YEARLY HIGH

2.1135 AED

YEARLY LOW

1.9665 AED

YEARLY AVERAGE

2.0317 AED

2023 BAM to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BAM to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on July 18, valuing the pair at 2.1135. Conversely, the yearly low was recorded on October 3, dropping to 1.9665.

This high-to-low spread represents a total annual volatility of 0.1470 AED. From a start-to-finish perspective, comparing the January average rate of 2.0210 to the December average rate of 2.0497, the exchange rate registered a net change of 1.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.1135 was down 1.93% compared to the 2022 peak of 2.1550, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,567 AED

2022 Average 9,897 AED

Yearly Trough Low 9,833 AED

Transaction Impact: A difference of 734.91 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.0860

1.9756

JanuMarcMayJulySeptNove

BAM to AED 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 2.0302, compared to 2.0332 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0030 points.

H1 Avg (Jan–Jun) 2.0302

H2 Avg (Jul–Dec) 2.0332

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0832 AED (High: 2.0667 / Low: 1.9835). On the other end, October was the most stable month, with a tight range of 0.0351 AED (High: 2.0016 / Low: 1.9665).

February Spread (Volatile) ±0.0832

October Spread (Stable) ±0.0351

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0411 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0411

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 2.0768) against the same month in 2022 (average: 1.9157), the exchange rate shifted by +0.1611 (+8.41%).

2023 Avg (July) 2.0768

2022 Avg (July) 1.9157

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0468	1.9690	2.0210
February	2.0667	1.9835	2.0120
March	2.0455	1.9792	2.0103
April	2.0897	2.0403	2.0607
May	2.0774	2.0123	2.0422
June	2.0667	2.0076	2.0351
July	2.1135	2.0419	2.0768
August	2.0711	2.0276	2.0496
September	2.0369	1.9790	2.0085
October	2.0016	1.9665	1.9848
November	2.0632	1.9810	2.0298
December	2.0799	2.0201	2.0497