2023 BAM to BDT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 BAM to BDT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the BAM to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 62.4757. Conversely, the yearly low was recorded on January 3, dropping to 55.6664.
This high-to-low spread represents a total annual volatility of 6.8093 BDT. From a start-to-finish perspective, comparing the January average rate of 57.6677 to the December average rate of 61.4032, the exchange rate registered a net change of 6.48% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 62.4757 was up 8.22% compared to the 2022 peak of 57.7323, 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 BDT 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 58.8095, compared to 60.7018 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.8922 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was February, with a trading range of 3.7097 BDT (High: 60.3965 / Low: 56.6868). On the other end, October was the most stable month, with a tight range of 1.0124 BDT (High: 60.0675 / Low: 59.0551).
Growth Streaks & Declines
TrendsBetween March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.9434 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2023: 61.2968) against the same month in 2022 (average: 49.0019), the exchange rate shifted by +12.2949 (+25.09%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 59.2292 | 55.6664 | 57.6677 |
| February | 60.3965 | 56.6868 | 58.2396 |
| March | 59.6585 | 56.7236 | 57.9518 |
| April | 60.6044 | 58.5234 | 59.5551 |
| May | 60.7818 | 58.7483 | 59.5699 |
| June | 60.8702 | 58.7381 | 59.8730 |
| July | 62.4757 | 60.0275 | 61.2968 |
| August | 61.7144 | 60.3285 | 60.9751 |
| September | 60.7424 | 59.4130 | 60.0317 |
| October | 60.0675 | 59.0551 | 59.5340 |
| November | 61.9439 | 59.4341 | 60.9699 |
| December | 62.3990 | 60.5634 | 61.4032 |