2023 BAM to EUR Historical Review

YEARLY HIGH

0.5186 EUR

YEARLY LOW

0.5027 EUR

YEARLY AVERAGE

0.5111 EUR

2023 BAM to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BAM to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 27, valuing the pair at 0.5186. Conversely, the yearly low was recorded on January 6, dropping to 0.5027.

This high-to-low spread represents a total annual volatility of 0.0158 EUR. From a start-to-finish perspective, comparing the January average rate of 0.5100 to the December average rate of 0.5109, the exchange rate registered a net change of 0.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5186 was down 0.62% compared to the 2022 peak of 0.5218, 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 2,593 EUR

2022 Average 2,557 EUR

Yearly Trough Low 2,514 EUR

Transaction Impact: A difference of 79.17 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5123

0.5098

JanuMarcMayJulySeptNove

BAM to EUR 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 0.5109, compared to 0.5113 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) 0.5109

H2 Avg (Jul–Dec) 0.5113

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0128 EUR (High: 0.5186 / Low: 0.5058). On the other end, August was the most stable month, with a tight range of 0.0066 EUR (High: 0.5140 / Low: 0.5074).

July Spread (Volatile) ±0.0128

August Spread (Stable) ±0.0066

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 0.0010 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.5113) against the same month in 2022 (average: 0.5115), the exchange rate shifted by -0.0002 (-0.04%).

2023 Avg (July) 0.5113

2022 Avg (July) 0.5115

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5154	0.5027	0.5100
February	0.5172	0.5057	0.5118
March	0.5167	0.5073	0.5108
April	0.5169	0.5048	0.5106
May	0.5154	0.5028	0.5111
June	0.5142	0.5056	0.5110
July	0.5186	0.5058	0.5113
August	0.5140	0.5074	0.5115
September	0.5162	0.5094	0.5121
October	0.5153	0.5083	0.5114
November	0.5131	0.5041	0.5107
December	0.5137	0.5066	0.5109