YEARLY HIGH
1.0374 ANG
YEARLY LOW
0.9651 ANG
YEARLY AVERAGE
0.9966 ANG

2023 BAM to ANG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BAM to ANG exchange rate experienced significant fluctuation. The market reached its absolute peak on July 18, valuing the pair at 1.0374. Conversely, the yearly low was recorded on October 3, dropping to 0.9651.

This high-to-low spread represents a total annual volatility of 0.0722 ANG. From a start-to-finish perspective, comparing the January average rate of 0.9917 to the December average rate of 1.0069, the exchange rate registered a net change of 1.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.0374 was down 1.92% compared to the 2022 peak of 1.0577, 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 5,187 ANG
2022 Average 4,856 ANG
Yearly Trough Low 4,826 ANG
Transaction Impact: A difference of 361.25 ANG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.0224
0.9688
JanuMarcMayJulySeptNove

BAM to ANG 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 0.9958, compared to 0.9973 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.9958
H2 Avg (Jul–Dec) 0.9973

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0408 ANG (High: 1.0123 / Low: 0.9714). On the other end, October was the most stable month, with a tight range of 0.0168 ANG (High: 0.9819 / Low: 0.9651).

November Spread (Volatile) ±0.0408
October Spread (Stable) ±0.0168

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 0.0204 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0204

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 1.0179) against the same month in 2022 (average: 0.9397), the exchange rate shifted by +0.0782 (+8.32%).

2023 Avg (July) 1.0179
2022 Avg (July) 0.9397

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0047 0.9670 0.9917
February 1.0140 0.9733 0.9873
March 1.0030 0.9711 0.9850
April 1.0190 1.0015 1.0102
May 1.0192 0.9874 1.0020
June 1.0142 0.9853 0.9984
July 1.0374 1.0002 1.0179
August 1.0164 0.9954 1.0057
September 0.9995 0.9712 0.9853
October 0.9819 0.9651 0.9733
November 1.0123 0.9714 0.9950
December 1.0247 0.9923 1.0069