2023 BGN to BAM Historical Review

YEARLY HIGH

1.0158 BAM

YEARLY LOW

0.9862 BAM

YEARLY AVERAGE

1.0000 BAM

2023 BGN to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BGN to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 1.0158. Conversely, the yearly low was recorded on July 27, dropping to 0.9862.

This high-to-low spread represents a total annual volatility of 0.0296 BAM. From a start-to-finish perspective, comparing the January average rate of 1.0021 to the December average rate of 1.0004, the exchange rate registered a net change of -0.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.0158 was down 0.97% compared to the 2022 peak of 1.0257, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BGN based on timing:

Yearly Peak High 5,079 BAM

2022 Average 4,999 BAM

Yearly Trough Low 4,931 BAM

Transaction Impact: A difference of 148.23 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.0025

0.9979

JanuMarcMayJulySeptNove

BGN to BAM 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 1.0002, compared to 0.9998 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 1.0002

H2 Avg (Jul–Dec) 0.9998

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0236 BAM (High: 1.0158 / Low: 0.9922). On the other end, May was the most stable month, with a tight range of 0.0085 BAM (High: 1.0036 / Low: 0.9951).

January Spread (Volatile) ±0.0236

May Spread (Stable) ±0.0085

Growth Streaks & Declines

Trends

Between September and November, 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 January and February, when the average rate fell by 0.0035 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0035

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 1.0021) against the same month in 2022 (average: 1.0001), the exchange rate shifted by +0.0021 (+0.21%).

2023 Avg (January) 1.0021

2022 Avg (January) 1.0001

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0158	0.9922	1.0021
February	1.0050	0.9904	0.9986
March	1.0081	0.9899	1.0006
April	1.0063	0.9932	1.0000
May	1.0036	0.9951	0.9991
June	1.0103	0.9940	1.0006
July	1.0081	0.9862	1.0000
August	1.0070	0.9957	0.9995
September	1.0040	0.9914	0.9983
October	1.0055	0.9923	0.9997
November	1.0143	0.9972	1.0009
December	1.0080	0.9945	1.0004