YEARLY HIGH
259.8155 KZT
YEARLY LOW
233.9619 KZT
YEARLY AVERAGE
252.4429 KZT

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BAM based on timing:

Yearly Peak High 1,299,078 KZT
2022 Average 1,242,845 KZT
Yearly Trough Low 1,169,809 KZT
Transaction Impact: A difference of 129,268.14 KZT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

258.4870
245.9729
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 249.8192
H2 Avg (Jul–Dec) 255.0666

Volatility Range Comparison

Volatility

The 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).

March Spread (Volatile) ±24.3799
November Spread (Stable) ±5.3322

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 5 Mo.
Sharpest MoM Drop -7.1736

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2023 Avg (September) 256.2200
2022 Avg (September) 241.0922

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