YEARLY HIGH
10.5727 MDL
YEARLY LOW
9.6761 MDL
YEARLY AVERAGE
10.0111 MDL

2023 BAM to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BAM to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 15, valuing the pair at 10.5727. Conversely, the yearly low was recorded on October 14, dropping to 9.6761.

This high-to-low spread represents a total annual volatility of 0.8966 MDL. From a start-to-finish perspective, comparing the January average rate of 10.4485 to the December average rate of 9.8256, the exchange rate registered a net change of -5.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 10.5727 was up 0.21% compared to the 2022 peak of 10.5504, 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 52,864 MDL
2022 Average 50,781 MDL
Yearly Trough Low 48,381 MDL
Transaction Impact: A difference of 4,483.08 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

10.5136
9.7326
JanuMarcMayJulySeptNove

BAM to MDL 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 10.1391, compared to 9.8831 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2561 points.

H1 Avg (Jan–Jun) 10.1391
H2 Avg (Jul–Dec) 9.8831

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.5403 MDL (High: 10.3896 / Low: 9.8493). On the other end, September was the most stable month, with a tight range of 0.1503 MDL (High: 9.8998 / Low: 9.7495).

July Spread (Volatile) ±0.5403
September Spread (Stable) ±0.1503

Growth Streaks & Declines

Trends

Between May and July, 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 July and August, when the average rate fell by 0.2538 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.2538

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 10.4485) against the same month in 2022 (average: 10.3711), the exchange rate shifted by +0.0774 (+0.75%).

2023 Avg (January) 10.4485
2022 Avg (January) 10.3711

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.5727 10.2986 10.4485
February 10.5498 10.1730 10.2823
March 10.3006 10.0430 10.1835
April 10.1937 10.0386 10.1212
May 10.1043 9.7263 9.8808
June 10.1956 9.7198 9.9182
July 10.3896 9.8493 10.1186
August 9.9626 9.7836 9.8648
September 9.8998 9.7495 9.8286
October 9.8901 9.6761 9.7977
November 9.9744 9.7343 9.8630
December 9.9545 9.7198 9.8256