YEARLY HIGH
144.0256 YER
YEARLY LOW
134.0628 YER
YEARLY AVERAGE
138.4707 YER

2023 BAM to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BAM to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on July 18, valuing the pair at 144.0256. Conversely, the yearly low was recorded on October 3, dropping to 134.0628.

This high-to-low spread represents a total annual volatility of 9.9628 YER. From a start-to-finish perspective, comparing the January average rate of 137.7366 to the December average rate of 139.6572, the exchange rate registered a net change of 1.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 144.0256 was down 1.91% compared to the 2022 peak of 146.8254, 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 720,128 YER
2022 Average 674,298 YER
Yearly Trough Low 670,314 YER
Transaction Impact: A difference of 49,813.85 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

142.1676
134.6490
JanuMarcMayJulySeptNove

BAM to YER 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 138.3766, compared to 138.5649 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1883 points.

H1 Avg (Jan–Jun) 138.3766
H2 Avg (Jul–Dec) 138.5649

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 5.6943 YER (High: 140.8924 / Low: 135.1982). On the other end, October was the most stable month, with a tight range of 2.2963 YER (High: 136.3591 / Low: 134.0628).

February Spread (Volatile) ±5.6943
October Spread (Stable) ±2.2963

Growth Streaks & Declines

Trends

Between October and December, 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 2.7831 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -2.7831

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 141.5411) against the same month in 2022 (average: 130.5226), the exchange rate shifted by +11.0185 (+8.44%).

2023 Avg (July) 141.5411
2022 Avg (July) 130.5226

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 139.5378 134.1704 137.7366
February 140.8924 135.1982 137.1288
March 139.4295 134.8885 137.0031
April 142.4747 139.0826 140.4692
May 141.5914 137.1856 139.2125
June 140.8606 136.8355 138.7092
July 144.0256 139.1741 141.5411
August 141.1435 138.1486 139.6763
September 138.7746 134.8886 136.8933
October 136.3591 134.0628 135.2756
November 140.6379 134.9948 138.3461
December 141.7166 137.7005 139.6572