2023 BAM to AMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 BAM to AMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the BAM to AMD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 5, valuing the pair at 230.8006. Conversely, the yearly low was recorded on September 22, dropping to 208.9662.
This high-to-low spread represents a total annual volatility of 21.8344 AMD. From a start-to-finish perspective, comparing the January average rate of 217.6381 to the December average rate of 225.7118, the exchange rate registered a net change of 3.71% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 230.8006 was down 21.20% compared to the 2022 peak of 292.9050, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BAM based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
BAM to AMD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 215.4834, compared to 218.6834 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.2000 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was October, with a trading range of 16.8223 AMD (High: 230.8006 / Low: 213.9783). On the other end, August was the most stable month, with a tight range of 5.2645 AMD (High: 218.4075 / Low: 213.1429).
Growth Streaks & Declines
TrendsBetween 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 August and September, when the average rate fell by 4.3693 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2023: 218.3127) against the same month in 2022 (average: 202.6330), the exchange rate shifted by +15.6797 (+7.74%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 220.6418 | 211.1248 | 217.6381 |
| February | 223.1134 | 210.9014 | 215.8682 |
| March | 216.8412 | 209.3842 | 212.4823 |
| April | 221.6869 | 215.5222 | 217.8522 |
| May | 219.3967 | 210.9622 | 214.9894 |
| June | 217.9147 | 210.4018 | 214.0704 |
| July | 224.7674 | 213.7210 | 219.0631 |
| August | 218.4075 | 213.1429 | 215.6462 |
| September | 214.9503 | 208.9662 | 211.2769 |
| October | 230.8006 | 213.9783 | 218.3127 |
| November | 226.0411 | 217.1508 | 222.0898 |
| December | 230.1500 | 221.5992 | 225.7118 |