YEARLY HIGH
11875.0311 SLL
YEARLY LOW
9470.0676 SLL
YEARLY AVERAGE
10550.8173 SLL

2023 BAM to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BAM to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 11875.0311. Conversely, the yearly low was recorded on January 8, dropping to 9470.0676.

This high-to-low spread represents a total annual volatility of 2404.9636 SLL. From a start-to-finish perspective, comparing the January average rate of 9719.7637 to the December average rate of 11703.5377, the exchange rate registered a net change of 20.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 11875.0311 was up 23.33% compared to the 2022 peak of 9628.3086, 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 59,375,156 SLL
2022 Average 36,822,849 SLL
Yearly Trough Low 47,350,338 SLL
Transaction Impact: A difference of 12,024,817.91 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

11907.0012
9465.4395
JanuMarcMayJulySeptNove

BAM to SLL 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 9764.8602, compared to 11336.7744 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1571.9142 points.

H1 Avg (Jan–Jun) 9764.8602
H2 Avg (Jul–Dec) 11336.7744

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 2012.7084 SLL (High: 11833.0023 / Low: 9820.2939). On the other end, October was the most stable month, with a tight range of 200.2816 SLL (High: 11427.2402 / Low: 11226.9586).

July Spread (Volatile) ±2012.7084
October Spread (Stable) ±200.2816

Growth Streaks & Declines

Trends

Between June and August, 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 August and September, when the average rate fell by 234.6041 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -234.6041

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 11703.5377) against the same month in 2022 (average: 9559.8764), the exchange rate shifted by +2143.6613 (+22.42%).

2023 Avg (December) 11703.5377
2022 Avg (December) 9559.8764

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9843.9896 9470.0676 9719.7637
February 9939.5580 9539.7483 9676.3909
March 9838.3152 9519.7959 9668.9030
April 10053.1883 9813.8398 9912.2371
May 9992.8554 9679.9825 9823.9217
June 9939.2952 9655.2795 9787.9450
July 11833.0023 9820.2939 10228.8010
August 11823.8881 11575.6829 11701.3151
September 11628.5969 11298.3681 11466.7110
October 11427.2402 11226.9586 11331.3648
November 11781.1078 11309.5193 11588.9167
December 11875.0311 11535.0447 11703.5377