2023 BAM to NAD Historical Review

YEARLY HIGH

11.0909 NAD

YEARLY LOW

9.1513 NAD

YEARLY AVERAGE

10.2322 NAD

2023 BAM to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BAM to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 14, valuing the pair at 11.0909. Conversely, the yearly low was recorded on January 3, dropping to 9.1513.

This high-to-low spread represents a total annual volatility of 1.9395 NAD. From a start-to-finish perspective, comparing the January average rate of 9.3979 to the December average rate of 10.4277, the exchange rate registered a net change of 10.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 11.0909 was up 15.69% compared to the 2022 peak of 9.5868, 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 55,454 NAD

2022 Average 43,832 NAD

Yearly Trough Low 45,757 NAD

Transaction Impact: A difference of 9,697.72 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

10.7334

9.2765

JanuMarcMayJulySeptNove

BAM to NAD 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 10.0640, compared to 10.4004 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3364 points.

H1 Avg (Jan–Jun) 10.0640

H2 Avg (Jul–Dec) 10.4004

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.9936 NAD (High: 10.9307 / Low: 9.9372). On the other end, March was the most stable month, with a tight range of 0.2948 NAD (High: 10.1532 / Low: 9.8585).

November Spread (Volatile) ±0.9936

March Spread (Stable) ±0.2948

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.2336 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.2336

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 10.5166) against the same month in 2022 (average: 8.6480), the exchange rate shifted by +1.8686 (+21.61%).

2023 Avg (August) 10.5166

2022 Avg (August) 8.6480

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9.5904	9.1513	9.3979
February	9.9938	9.3888	9.7924
March	10.1532	9.8585	10.0039
April	10.4146	9.8745	10.1996
May	10.8258	10.3088	10.6120
June	10.8018	10.0717	10.3784
July	10.5801	9.9231	10.3156
August	11.0909	10.2137	10.5166
September	10.5606	10.2024	10.3752
October	10.9268	10.1053	10.4062
November	10.9307	9.9372	10.3614
December	10.6968	10.1966	10.4277