2023 BAM to GNF Historical Review

YEARLY HIGH

4960.8153 GNF

YEARLY LOW

4611.9271 GNF

YEARLY AVERAGE

4767.5571 GNF

2023 BAM to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BAM to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on July 18, valuing the pair at 4960.8153. Conversely, the yearly low was recorded on October 3, dropping to 4611.9271.

This high-to-low spread represents a total annual volatility of 348.8882 GNF. From a start-to-finish perspective, comparing the January average rate of 4768.3944 to the December average rate of 4800.9770, the exchange rate registered a net change of 0.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 4960.8153 was down 8.46% compared to the 2022 peak of 5419.4180, 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 24,804,076 GNF

2022 Average 23,746,539 GNF

Yearly Trough Low 23,059,635 GNF

Transaction Impact: A difference of 1,744,441.10 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

4888.6182

4625.5881

JanuMarcMayJulySeptNove

BAM to GNF 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 4772.0918, compared to 4763.0223 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 9.0695 points.

H1 Avg (Jan–Jun) 4772.0918

H2 Avg (Jul–Dec) 4763.0223

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 237.3973 GNF (High: 4893.5595 / Low: 4656.1622). On the other end, October was the most stable month, with a tight range of 82.2199 GNF (High: 4694.1469 / Low: 4611.9271).

January Spread (Volatile) ±237.3973

October Spread (Stable) ±82.2199

Growth Streaks & Declines

Trends

Between October and December, 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 August and September, when the average rate fell by 99.8831 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -99.8831

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 4866.6990) against the same month in 2022 (average: 4529.0072), the exchange rate shifted by +337.6918 (+7.46%).

2023 Avg (July) 4866.6990

2022 Avg (July) 4529.0072

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	4893.5595	4656.1622	4768.3944
February	4886.9638	4653.4915	4735.6338
March	4817.5164	4661.4779	4727.2083
April	4889.8664	4775.6943	4825.7296
May	4893.1899	4709.5024	4796.3640
June	4849.4778	4706.4937	4779.2207
July	4960.8153	4771.4498	4866.6990
August	4874.4663	4743.2547	4805.1241
September	4762.3001	4641.3715	4705.2410
October	4694.1469	4611.9271	4647.5073
November	4831.6615	4646.3108	4752.5856
December	4869.9991	4732.5975	4800.9770