2023 BAM to INR Historical Review

YEARLY HIGH

47.2280 INR

YEARLY LOW

44.1062 INR

YEARLY AVERAGE

45.6746 INR

2023 BAM to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BAM to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 15, valuing the pair at 47.2280. Conversely, the yearly low was recorded on January 6, dropping to 44.1062.

This high-to-low spread represents a total annual volatility of 3.1217 INR. From a start-to-finish perspective, comparing the January average rate of 44.9650 to the December average rate of 46.4598, the exchange rate registered a net change of 3.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 47.2280 was up 4.69% compared to the 2022 peak of 45.1136, 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 236,140 INR

2022 Average 211,500 INR

Yearly Trough Low 220,531 INR

Transaction Impact: A difference of 15,608.66 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

46.6242

44.8142

JanuMarcMayJulySeptNove

BAM to INR 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 45.4224, compared to 45.9268 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5044 points.

H1 Avg (Jan–Jun) 45.4224

H2 Avg (Jul–Dec) 45.9268

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 1.9152 INR (High: 46.8166 / Low: 44.9014). On the other end, October was the most stable month, with a tight range of 0.8223 INR (High: 45.3819 / Low: 44.5596).

November Spread (Volatile) ±1.9152

October Spread (Stable) ±0.8223

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 0.8141 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.8141

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 46.4734) against the same month in 2022 (average: 41.4739), the exchange rate shifted by +4.9995 (+12.05%).

2023 Avg (July) 46.4734

2022 Avg (July) 41.4739

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	45.4613	44.1062	44.9650
February	46.1649	44.6352	45.2619
March	45.8000	44.1714	45.0137
April	46.5213	45.6332	45.9851
May	46.2258	45.2518	45.7783
June	46.0924	45.0677	45.5303
July	47.2280	45.6388	46.4734
August	46.6878	45.5687	46.2256
September	45.8744	44.8284	45.4115
October	45.3819	44.5596	44.9727
November	46.8166	44.9014	46.0181
December	47.1269	45.8457	46.4598