2023 BAM to BGN Historical Review

YEARLY HIGH

1.0140 BGN

YEARLY LOW

0.9844 BGN

YEARLY AVERAGE

1.0000 BGN

2023 BAM to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BAM to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on July 27, valuing the pair at 1.0140. Conversely, the yearly low was recorded on January 8, dropping to 0.9844.

This high-to-low spread represents a total annual volatility of 0.0296 BGN. From a start-to-finish perspective, comparing the January average rate of 0.9979 to the December average rate of 0.9996, the exchange rate registered a net change of 0.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.0140 was down 0.72% compared to the 2022 peak of 1.0214, 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 5,070 BGN

2022 Average 5,001 BGN

Yearly Trough Low 4,922 BGN

Transaction Impact: A difference of 147.97 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.0021

0.9975

JanuMarcMayJulySeptNove

BAM to BGN 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 0.9998, compared to 1.0002 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.9998

H2 Avg (Jul–Dec) 1.0002

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0234 BGN (High: 1.0079 / Low: 0.9844). On the other end, May was the most stable month, with a tight range of 0.0085 BGN (High: 1.0049 / Low: 0.9964).

January Spread (Volatile) ±0.0234

May Spread (Stable) ±0.0085

Growth Streaks & Declines

Trends

Between June and September, 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 February and March, when the average rate fell by 0.0020 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 1.0001) against the same month in 2022 (average: 1.0010), the exchange rate shifted by -0.0009 (-0.09%).

2023 Avg (July) 1.0001

2022 Avg (July) 1.0010

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0079	0.9844	0.9979
February	1.0097	0.9950	1.0014
March	1.0102	0.9920	0.9994
April	1.0068	0.9937	1.0000
May	1.0049	0.9964	1.0009
June	1.0060	0.9898	0.9994
July	1.0140	0.9920	1.0001
August	1.0043	0.9930	1.0005
September	1.0087	0.9960	1.0017
October	1.0078	0.9945	1.0003
November	1.0028	0.9859	0.9991
December	1.0055	0.9921	0.9996