YEARLY HIGH
1.1508 BBD
YEARLY LOW
1.0708 BBD
YEARLY AVERAGE
1.1064 BBD

2023 BAM to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BAM to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 18, valuing the pair at 1.1508. Conversely, the yearly low was recorded on October 3, dropping to 1.0708.

This high-to-low spread represents a total annual volatility of 0.0800 BBD. From a start-to-finish perspective, comparing the January average rate of 1.1005 to the December average rate of 1.1162, 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 1.1508 was down 1.93% compared to the 2022 peak of 1.1734, 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 5,754 BBD
2022 Average 5,389 BBD
Yearly Trough Low 5,354 BBD
Transaction Impact: A difference of 400.17 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.1359
1.0757
JanuMarcMayJulySeptNove

BAM to BBD 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 1.1056, compared to 1.1071 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) 1.1056
H2 Avg (Jul–Dec) 1.1071

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0453 BBD (High: 1.1253 / Low: 1.0801). On the other end, October was the most stable month, with a tight range of 0.0191 BBD (High: 1.0899 / Low: 1.0708).

February Spread (Volatile) ±0.0453
October Spread (Stable) ±0.0191

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 0.0224 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0224

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 1.1309) against the same month in 2022 (average: 1.0431), the exchange rate shifted by +0.0877 (+8.41%).

2023 Avg (July) 1.1309
2022 Avg (July) 1.0431

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1145 1.0722 1.1005
February 1.1253 1.0801 1.0955
March 1.1139 1.0778 1.0947
April 1.1382 1.1111 1.1222
May 1.1314 1.0960 1.1122
June 1.1253 1.0932 1.1082
July 1.1508 1.1118 1.1309
August 1.1277 1.1040 1.1160
September 1.1091 1.0776 1.0937
October 1.0899 1.0708 1.0807
November 1.1236 1.0787 1.1053
December 1.1326 1.1002 1.1162