YEARLY HIGH
0.7718 CAD
YEARLY LOW
0.7203 CAD
YEARLY AVERAGE
0.7467 CAD

2023 BAM to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BAM to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 0.7718. Conversely, the yearly low was recorded on January 8, dropping to 0.7203.

This high-to-low spread represents a total annual volatility of 0.0515 CAD. From a start-to-finish perspective, comparing the January average rate of 0.7384 to the December average rate of 0.7484, the exchange rate registered a net change of 1.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.7718 was up 3.20% compared to the 2022 peak of 0.7479, 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 3,859 CAD
2022 Average 3,504 CAD
Yearly Trough Low 3,602 CAD
Transaction Impact: A difference of 257.35 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7607
0.7340
JanuMarcMayJulySeptNove

BAM to CAD 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 0.7454, compared to 0.7481 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0027 points.

H1 Avg (Jan–Jun) 0.7454
H2 Avg (Jul–Dec) 0.7481

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0265 CAD (High: 0.7468 / Low: 0.7203). On the other end, December was the most stable month, with a tight range of 0.0094 CAD (High: 0.7521 / Low: 0.7427).

January Spread (Volatile) ±0.0265
December Spread (Stable) ±0.0094

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 May and June, when the average rate fell by 0.0161 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0161

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.7585) against the same month in 2022 (average: 0.6994), the exchange rate shifted by +0.0590 (+8.44%).

2023 Avg (April) 0.7585
2022 Avg (April) 0.6994

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7468 0.7203 0.7384
February 0.7494 0.7278 0.7371
March 0.7637 0.7382 0.7499
April 0.7718 0.7465 0.7585
May 0.7692 0.7443 0.7524
June 0.7420 0.7313 0.7362
July 0.7611 0.7365 0.7481
August 0.7581 0.7449 0.7525
September 0.7529 0.7269 0.7410
October 0.7563 0.7312 0.7410
November 0.7668 0.7447 0.7575
December 0.7521 0.7427 0.7484