2023 BAM to JPY Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 BAM to JPY Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the BAM to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 15, valuing the pair at 83.9520. Conversely, the yearly low was recorded on January 8, dropping to 70.6587.
This high-to-low spread represents a total annual volatility of 13.2933 JPY. From a start-to-finish perspective, comparing the January average rate of 71.6202 to the December average rate of 80.1777, the exchange rate registered a net change of 11.95% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 83.9520 was up 11.16% compared to the 2022 peak of 75.5258, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BAM based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
BAM to JPY Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 74.5436, compared to 80.8683 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.3247 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was June, with a trading range of 4.9176 JPY (High: 80.9162 / Low: 75.9986). On the other end, September was the most stable month, with a tight range of 0.8117 JPY (High: 81.1649 / Low: 80.3531).
Growth Streaks & Declines
TrendsBetween January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 2.6077 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2023: 82.7854) against the same month in 2022 (average: 73.9859), the exchange rate shifted by +8.7996 (+11.89%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 72.7148 | 70.6587 | 71.6202 |
| February | 74.0078 | 71.6296 | 72.9533 |
| March | 74.8794 | 71.7220 | 73.1146 |
| April | 77.6292 | 73.2314 | 74.9463 |
| May | 77.3873 | 75.0573 | 76.3100 |
| June | 80.9162 | 75.9986 | 78.3174 |
| July | 81.2103 | 77.9374 | 79.8096 |
| August | 81.6783 | 79.3018 | 80.7976 |
| September | 81.1649 | 80.3531 | 80.8231 |
| October | 82.4628 | 79.8675 | 80.8167 |
| November | 83.9520 | 81.2110 | 82.7854 |
| December | 81.8204 | 78.7233 | 80.1777 |