2023 BAM to KGS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 BAM to KGS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the BAM to KGS exchange rate experienced significant fluctuation. The market reached its absolute peak on July 18, valuing the pair at 50.5614. Conversely, the yearly low was recorded on January 8, dropping to 45.0710.
This high-to-low spread represents a total annual volatility of 5.4904 KGS. From a start-to-finish perspective, comparing the January average rate of 47.0945 to the December average rate of 49.7465, the exchange rate registered a net change of 5.63% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 50.5614 was down 12.86% compared to the 2022 peak of 58.0262, 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 KGS 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 48.1281, compared to 49.0561 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9280 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was January, with a trading range of 2.9369 KGS (High: 48.0079 / Low: 45.0710). On the other end, August was the most stable month, with a tight range of 0.8470 KGS (High: 49.5465 / Low: 48.6995).
Growth Streaks & Declines
TrendsBetween January and April, 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 August and September, when the average rate fell by 0.7313 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2023: 49.5990) against the same month in 2022 (average: 42.0650), the exchange rate shifted by +7.5340 (+17.91%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 48.0079 | 45.0710 | 47.0945 |
| February | 48.5137 | 47.2084 | 47.6359 |
| March | 48.6875 | 47.1113 | 47.8490 |
| April | 49.8078 | 48.5664 | 49.0869 |
| May | 49.5089 | 47.9972 | 48.6442 |
| June | 49.1198 | 47.7716 | 48.4579 |
| July | 50.5614 | 48.4769 | 49.5990 |
| August | 49.5465 | 48.6995 | 49.1485 |
| September | 48.9434 | 47.7970 | 48.4172 |
| October | 48.6741 | 47.4949 | 48.1511 |
| November | 50.0230 | 48.1731 | 49.2746 |
| December | 50.4490 | 49.1338 | 49.7465 |