2023 BAM to GMD Historical Review

YEARLY HIGH

38.1262 GMD

YEARLY LOW

32.5159 GMD

YEARLY AVERAGE

34.4542 GMD

2023 BAM to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BAM to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 38.1262. Conversely, the yearly low was recorded on June 6, dropping to 32.5159.

This high-to-low spread represents a total annual volatility of 5.6103 GMD. From a start-to-finish perspective, comparing the January average rate of 34.1277 to the December average rate of 37.5908, the exchange rate registered a net change of 10.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 38.1262 was up 12.87% compared to the 2022 peak of 33.7774, 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 190,631 GMD

2022 Average 149,119 GMD

Yearly Trough Low 162,579 GMD

Transaction Impact: A difference of 28,051.52 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

38.0542

32.4942

JanuMarcMayJulySeptNove

BAM to GMD 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 33.6837, compared to 35.2247 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.5410 points.

H1 Avg (Jan–Jun) 33.6837

H2 Avg (Jul–Dec) 35.2247

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 2.7270 GMD (High: 37.8106 / Low: 35.0835). On the other end, August was the most stable month, with a tight range of 0.4749 GMD (High: 34.0526 / Low: 33.5777).

November Spread (Volatile) ±2.7270

August Spread (Stable) ±0.4749

Growth Streaks & Declines

Trends

Between September and December, 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 April and May, when the average rate fell by 1.4602 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.4602

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 37.5908) against the same month in 2022 (average: 33.5887), the exchange rate shifted by +4.0022 (+11.92%).

2023 Avg (December) 37.5908

2022 Avg (December) 33.5887

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	34.7341	33.3020	34.1277
February	34.3228	32.9422	33.4686
March	34.6137	32.9946	33.6011
April	35.3155	33.6718	34.7036
May	33.9695	32.6586	33.2434
June	33.5061	32.5159	32.9576
July	34.3233	33.1049	33.7244
August	34.0526	33.5777	33.8065
September	35.3683	33.0443	33.7969
October	35.8529	34.8454	35.4563
November	37.8106	35.0835	36.9730
December	38.1262	37.0491	37.5908