YEARLY HIGH
120.9429 GYD
YEARLY LOW
112.2027 GYD
YEARLY AVERAGE
116.2486 GYD

2023 BAM to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BAM to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 18, valuing the pair at 120.9429. Conversely, the yearly low was recorded on October 3, dropping to 112.2027.

This high-to-low spread represents a total annual volatility of 8.7402 GYD. From a start-to-finish perspective, comparing the January average rate of 115.3826 to the December average rate of 116.9204, the exchange rate registered a net change of 1.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 120.9429 was down 1.46% compared to the 2022 peak of 122.7304, 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 604,714 GYD
2022 Average 563,758 GYD
Yearly Trough Low 561,013 GYD
Transaction Impact: A difference of 43,700.91 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

119.2028
112.4684
JanuMarcMayJulySeptNove

BAM to GYD 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 116.6055, compared to 115.8918 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7137 points.

H1 Avg (Jan–Jun) 116.6055
H2 Avg (Jul–Dec) 115.8918

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 5.2751 GYD (High: 117.5946 / Low: 112.3195). On the other end, October was the most stable month, with a tight range of 1.7835 GYD (High: 113.9862 / Low: 112.2027).

January Spread (Volatile) ±5.2751
October Spread (Stable) ±1.7835

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 2.4048 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -2.4048

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 118.6416) against the same month in 2022 (average: 109.0954), the exchange rate shifted by +9.5462 (+8.75%).

2023 Avg (July) 118.6416
2022 Avg (July) 109.0954

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 117.5946 112.3195 115.3826
February 118.7147 113.9476 115.5945
March 117.5252 113.6912 115.3212
April 120.3555 117.5252 118.6017
May 119.5997 115.8707 117.5623
June 119.0231 115.6366 117.1705
July 120.9429 117.2391 118.6416
August 117.9891 115.5514 116.7984
September 116.0298 112.7478 114.3936
October 113.9862 112.2027 113.0296
November 117.5106 112.8620 115.5671
December 118.9539 115.2225 116.9204