2023 BAM to GBP Historical Review

YEARLY HIGH

0.4638 GBP

YEARLY LOW

0.4320 GBP

YEARLY AVERAGE

0.4449 GBP

2023 BAM to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BAM to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 0.4638. Conversely, the yearly low was recorded on June 17, dropping to 0.4320.

This high-to-low spread represents a total annual volatility of 0.0318 GBP. From a start-to-finish perspective, comparing the January average rate of 0.4494 to the December average rate of 0.4406, the exchange rate registered a net change of -1.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4638 was up 0.07% compared to the 2022 peak of 0.4635, 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 2,319 GBP

2022 Average 2,180 GBP

Yearly Trough Low 2,160 GBP

Transaction Impact: A difference of 159.16 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4556

0.4369

JanuMarcMayJulySeptNove

BAM to GBP 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 0.4482, compared to 0.4415 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0067 points.

H1 Avg (Jan–Jun) 0.4482

H2 Avg (Jul–Dec) 0.4415

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0161 GBP (High: 0.4638 / Low: 0.4477). On the other end, December was the most stable month, with a tight range of 0.0083 GBP (High: 0.4445 / Low: 0.4362).

February Spread (Volatile) ±0.0161

December Spread (Stable) ±0.0083

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0073 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0073

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.4540) against the same month in 2022 (average: 0.4289), the exchange rate shifted by +0.0252 (+5.86%).

2023 Avg (February) 0.4540

2022 Avg (February) 0.4289

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4553	0.4423	0.4494
February	0.4638	0.4477	0.4540
March	0.4608	0.4460	0.4509
April	0.4579	0.4461	0.4509
May	0.4507	0.4410	0.4457
June	0.4430	0.4320	0.4385
July	0.4455	0.4335	0.4390
August	0.4450	0.4360	0.4393
September	0.4461	0.4362	0.4415
October	0.4486	0.4395	0.4440
November	0.4483	0.4389	0.4447
December	0.4445	0.4362	0.4406