YEARLY HIGH
0.7615 BND
YEARLY LOW
0.7233 BND
YEARLY AVERAGE
0.7426 BND

2023 BAM to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BAM to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on July 21, valuing the pair at 0.7615. Conversely, the yearly low was recorded on January 8, dropping to 0.7233.

This high-to-low spread represents a total annual volatility of 0.0382 BND. From a start-to-finish perspective, comparing the January average rate of 0.7301 to the December average rate of 0.7436, the exchange rate registered a net change of 1.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.7615 was down 3.49% compared to the 2022 peak of 0.7891, 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 3,808 BND
2022 Average 3,712 BND
Yearly Trough Low 3,616 BND
Transaction Impact: A difference of 191.13 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7570
0.7270
JanuMarcMayJulySeptNove

BAM to BND 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 0.7382, compared to 0.7469 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0087 points.

H1 Avg (Jan–Jun) 0.7382
H2 Avg (Jul–Dec) 0.7469

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0198 BND (High: 0.7574 / Low: 0.7376). On the other end, October was the most stable month, with a tight range of 0.0079 BND (High: 0.7443 / Low: 0.7364).

June Spread (Volatile) ±0.0198
October Spread (Stable) ±0.0079

Growth Streaks & Declines

Trends

Between February and April, 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 0.0087 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0087

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.7545) against the same month in 2022 (average: 0.7272), the exchange rate shifted by +0.0274 (+3.76%).

2023 Avg (July) 0.7545
2022 Avg (July) 0.7272

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7336 0.7233 0.7301
February 0.7350 0.7259 0.7295
March 0.7394 0.7298 0.7333
April 0.7543 0.7394 0.7464
May 0.7514 0.7396 0.7445
June 0.7574 0.7376 0.7456
July 0.7615 0.7485 0.7545
August 0.7589 0.7487 0.7536
September 0.7488 0.7383 0.7449
October 0.7443 0.7364 0.7396
November 0.7508 0.7392 0.7451
December 0.7485 0.7380 0.7436