YEARLY HIGH
1.0372 AWG
YEARLY LOW
0.9650 AWG
YEARLY AVERAGE
0.9962 AWG

2023 BAM to AWG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BAM to AWG exchange rate experienced significant fluctuation. The market reached its absolute peak on July 18, valuing the pair at 1.0372. Conversely, the yearly low was recorded on October 3, dropping to 0.9650.

This high-to-low spread represents a total annual volatility of 0.0721 AWG. From a start-to-finish perspective, comparing the January average rate of 0.9910 to the December average rate of 1.0052, the exchange rate registered a net change of 1.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.0372 was down 1.82% compared to the 2022 peak of 1.0564, 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 5,186 AWG
2022 Average 4,850 AWG
Yearly Trough Low 4,825 AWG
Transaction Impact: A difference of 360.65 AWG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.0234
0.9686
JanuMarcMayJulySeptNove

BAM to AWG 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 0.9956, compared to 0.9967 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.9956
H2 Avg (Jul–Dec) 0.9967

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0405 AWG (High: 1.0127 / Low: 0.9721). On the other end, October was the most stable month, with a tight range of 0.0159 AWG (High: 0.9809 / Low: 0.9650).

November Spread (Volatile) ±0.0405
October Spread (Stable) ±0.0159

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 0.0205 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0205

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 1.0188) against the same month in 2022 (average: 0.9364), the exchange rate shifted by +0.0824 (+8.80%).

2023 Avg (July) 1.0188
2022 Avg (July) 0.9364

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0031 0.9663 0.9910
February 1.0128 0.9734 0.9865
March 1.0025 0.9714 0.9857
April 1.0244 1.0000 1.0108
May 1.0182 0.9872 1.0017
June 1.0142 0.9852 0.9981
July 1.0372 1.0015 1.0188
August 1.0164 0.9936 1.0051
September 0.9982 0.9698 0.9846
October 0.9809 0.9650 0.9732
November 1.0127 0.9721 0.9931
December 1.0193 0.9907 1.0052