2023 BAM to CZK Historical Review

YEARLY HIGH

12.7096 CZK

YEARLY LOW

11.8473 CZK

YEARLY AVERAGE

12.2743 CZK

2023 BAM to CZK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BAM to CZK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 12, valuing the pair at 12.7096. Conversely, the yearly low was recorded on April 13, dropping to 11.8473.

This high-to-low spread represents a total annual volatility of 0.8623 CZK. From a start-to-finish perspective, comparing the January average rate of 12.2178 to the December average rate of 12.5153, the exchange rate registered a net change of 2.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 12.7096 was down 3.69% compared to the 2022 peak of 13.1966, 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 63,548 CZK

2022 Average 62,811 CZK

Yearly Trough Low 59,237 CZK

Transaction Impact: A difference of 4,311.29 CZK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

12.6301

11.9391

JanuMarcMayJulySeptNove

BAM to CZK 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 12.1106, compared to 12.4379 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3273 points.

H1 Avg (Jan–Jun) 12.1106

H2 Avg (Jul–Dec) 12.4379

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.4566 CZK (High: 12.4010 / Low: 11.9444). On the other end, June was the most stable month, with a tight range of 0.1782 CZK (High: 12.1966 / Low: 12.0184).

March Spread (Volatile) ±0.4566

June Spread (Stable) ±0.1782

Growth Streaks & Declines

Trends

Between April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.1117 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.1117

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 12.5725) against the same month in 2022 (average: 12.5197), the exchange rate shifted by +0.0528 (+0.42%).

2023 Avg (October) 12.5725

2022 Avg (October) 12.5197

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.3981	12.0768	12.2178
February	12.3060	12.0333	12.1426
March	12.4010	11.9444	12.1084
April	12.1503	11.8473	11.9967
May	12.1742	11.9567	12.0873
June	12.1966	12.0184	12.1109
July	12.4716	12.0337	12.2167
August	12.4380	12.2143	12.3375
September	12.6638	12.3512	12.4889
October	12.7096	12.4501	12.5725
November	12.5876	12.3309	12.4966
December	12.6751	12.3784	12.5153