2023 BAM to NZD Historical Review

YEARLY HIGH

0.9412 NZD

YEARLY LOW

0.8428 NZD

YEARLY AVERAGE

0.9011 NZD

2023 BAM to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BAM to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 16, valuing the pair at 0.9412. Conversely, the yearly low was recorded on January 8, dropping to 0.8428.

This high-to-low spread represents a total annual volatility of 0.0984 NZD. From a start-to-finish perspective, comparing the January average rate of 0.8590 to the December average rate of 0.8961, the exchange rate registered a net change of 4.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.9412 was up 5.22% compared to the 2022 peak of 0.8945, 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 4,706 NZD

2022 Average 4,240 NZD

Yearly Trough Low 4,214 NZD

Transaction Impact: A difference of 491.94 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.9392

0.8517

JanuMarcMayJulySeptNove

BAM to NZD 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 0.8860, compared to 0.9162 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0303 points.

H1 Avg (Jan–Jun) 0.8860

H2 Avg (Jul–Dec) 0.9162

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0457 NZD (High: 0.9384 / Low: 0.8928). On the other end, December was the most stable month, with a tight range of 0.0137 NZD (High: 0.9027 / Low: 0.8890).

October Spread (Volatile) ±0.0457

December Spread (Stable) ±0.0137

Growth Streaks & Declines

Trends

Between 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 November and December, when the average rate fell by 0.0254 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0254

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.9319) against the same month in 2022 (average: 0.8278), the exchange rate shifted by +0.1042 (+12.58%).

2023 Avg (August) 0.9319

2022 Avg (August) 0.8278

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8709	0.8428	0.8590
February	0.8837	0.8548	0.8722
March	0.8929	0.8696	0.8818
April	0.9222	0.8820	0.9037
May	0.9129	0.8786	0.8960
June	0.9218	0.8886	0.9031
July	0.9268	0.8935	0.9086
August	0.9412	0.9142	0.9319
September	0.9360	0.9029	0.9225
October	0.9384	0.8928	0.9168
November	0.9314	0.9064	0.9214
December	0.9027	0.8890	0.8961