2023 BMD to HTG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 BMD to HTG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the BMD to HTG exchange rate experienced significant fluctuation. The market reached its absolute peak on April 18, valuing the pair at 156.0697. Conversely, the yearly low was recorded on November 5, dropping to 131.7839.
This high-to-low spread represents a total annual volatility of 24.2858 HTG. From a start-to-finish perspective, comparing the January average rate of 148.4412 to the December average rate of 132.2281, the exchange rate registered a net change of -10.92% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 156.0697 was up 6.10% compared to the 2022 peak of 147.1022, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BMD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
BMD to HTG Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 148.6567, compared to 134.6319 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 14.0247 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was May, with a trading range of 14.8295 HTG (High: 154.7722 / Low: 139.9427). On the other end, December was the most stable month, with a tight range of 0.9642 HTG (High: 132.8475 / Low: 131.8833).
Growth Streaks & Declines
TrendsBetween 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 April and May, when the average rate fell by 9.6470 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2023: 155.0513) against the same month in 2022 (average: 108.4139), the exchange rate shifted by +46.6374 (+43.02%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 149.5001 | 147.5414 | 148.4412 |
| February | 151.5260 | 149.0225 | 150.1864 |
| March | 155.4590 | 150.7754 | 153.5794 |
| April | 156.0697 | 151.9698 | 155.0513 |
| May | 154.7722 | 139.9427 | 145.4043 |
| June | 141.0339 | 137.6434 | 139.2773 |
| July | 139.2299 | 136.4114 | 137.7049 |
| August | 136.9325 | 135.4612 | 136.1122 |
| September | 136.3979 | 134.5029 | 135.2780 |
| October | 135.7956 | 132.6870 | 133.9664 |
| November | 132.8391 | 131.7839 | 132.5019 |
| December | 132.8475 | 131.8833 | 132.2281 |