2023 BAM to KZT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 BAM to KZT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the BAM to KZT exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 259.8155. Conversely, the yearly low was recorded on March 5, dropping to 233.9619.
This high-to-low spread represents a total annual volatility of 25.8536 KZT. From a start-to-finish perspective, comparing the January average rate of 254.5085 to the December average rate of 256.2658, the exchange rate registered a net change of 0.69% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 259.8155 was down 12.12% compared to the 2022 peak of 295.6486, 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 KZT 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 249.8192, compared to 255.0666 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.2474 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was March, with a trading range of 24.3799 KZT (High: 258.3418 / Low: 233.9619). On the other end, November was the most stable month, with a tight range of 5.3322 KZT (High: 258.4662 / Low: 253.1340).
Growth Streaks & Declines
TrendsBetween May and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 7.1736 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2023: 256.2200) against the same month in 2022 (average: 241.0922), the exchange rate shifted by +15.1278 (+6.27%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 257.0575 | 249.1323 | 254.5085 |
| February | 258.0978 | 241.4435 | 247.3349 |
| March | 258.3418 | 233.9619 | 247.0157 |
| April | 257.6234 | 247.2824 | 253.3962 |
| May | 253.7681 | 243.7112 | 248.0886 |
| June | 253.9321 | 243.6343 | 248.5712 |
| July | 255.4914 | 247.9600 | 251.6676 |
| August | 257.9283 | 248.9615 | 252.8512 |
| September | 259.8155 | 252.9588 | 256.2200 |
| October | 259.5331 | 253.8805 | 257.4442 |
| November | 258.4662 | 253.1340 | 255.9508 |
| December | 258.7843 | 252.3162 | 256.2658 |