2023 BAM to BTN Historical Review

YEARLY HIGH

47.3003 BTN

YEARLY LOW

44.2154 BTN

YEARLY AVERAGE

45.6618 BTN

2023 BAM to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BAM to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 47.3003. Conversely, the yearly low was recorded on March 8, dropping to 44.2154.

This high-to-low spread represents a total annual volatility of 3.0848 BTN. From a start-to-finish perspective, comparing the January average rate of 45.0183 to the December average rate of 46.5036, the exchange rate registered a net change of 3.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 47.3003 was up 4.79% compared to the 2022 peak of 45.1364, 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 236,501 BTN

2022 Average 211,446 BTN

Yearly Trough Low 221,077 BTN

Transaction Impact: A difference of 15,424.11 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

46.6607

44.7751

JanuMarcMayJulySeptNove

BAM to BTN 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 45.4177, compared to 45.9058 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4882 points.

H1 Avg (Jan–Jun) 45.4177

H2 Avg (Jul–Dec) 45.9058

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 1.8544 BTN (High: 46.7726 / Low: 44.9182). On the other end, October was the most stable month, with a tight range of 0.7862 BTN (High: 45.3538 / Low: 44.5677).

November Spread (Volatile) ±1.8544

October Spread (Stable) ±0.7862

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 0.8184 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.8184

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 46.5036) against the same month in 2022 (average: 44.6288), the exchange rate shifted by +1.8748 (+4.20%).

2023 Avg (December) 46.5036

2022 Avg (December) 44.6288

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	45.4299	44.3258	45.0183
February	46.2260	44.7412	45.2414
March	45.7227	44.2154	44.9970
April	46.4693	45.6450	45.9520
May	46.2595	45.2526	45.7590
June	46.1025	45.1568	45.5382
July	47.2978	45.5118	46.4220
August	46.7008	45.6625	46.2087
September	45.8895	44.8409	45.3903
October	45.3538	44.5677	44.9322
November	46.7726	44.9182	45.9782
December	47.3003	45.9033	46.5036