YEARLY HIGH
42350.0000 IRR
YEARLY LOW
41634.0000 IRR
YEARLY AVERAGE
42219.4457 IRR

2023 BMD to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BMD to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 42350.0000. Conversely, the yearly low was recorded on March 26, dropping to 41634.0000.

This high-to-low spread represents a total annual volatility of 716.0000 IRR. From a start-to-finish perspective, comparing the January average rate of 41935.4194 to the December average rate of 42230.2419, the exchange rate registered a net change of 0.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 42350.0000 was down 0.24% compared to the 2022 peak of 42450.0000, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 211,750,000 IRR
2022 Average 211,339,103 IRR
Yearly Trough Low 208,170,000 IRR
Transaction Impact: A difference of 3,580,000.00 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

42313.8371
41901.0177
JanuMarcMayJulySeptNove

BMD to IRR 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 42186.8996, compared to 42251.9918 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 65.0921 points.

H1 Avg (Jan–Jun) 42186.8996
H2 Avg (Jul–Dec) 42251.9918

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 716.0000 IRR (High: 42350.0000 / Low: 41634.0000). On the other end, October was the most stable month, with a tight range of 25.0000 IRR (High: 42262.5000 / Low: 42237.5000).

February Spread (Volatile) ±716.0000
October Spread (Stable) ±25.0000

Growth Streaks & Declines

Trends

Between March and June, 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 February and March, when the average rate fell by 55.5334 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -55.5334

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 42218.6786) against the same month in 2022 (average: 42258.1548), the exchange rate shifted by -39.4762 (-0.09%).

2023 Avg (February) 42218.6786
2022 Avg (February) 42258.1548

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 42205.0000 41634.0000 41935.4194
February 42350.0000 41634.0000 42218.6786
March 42275.0000 41634.0000 42163.1452
April 42275.0000 42250.0000 42258.3333
May 42325.0000 42250.0000 42271.6129
June 42325.0000 42250.0000 42274.2083
July 42350.0000 42009.1000 42244.1065
August 42325.0000 42250.0000 42279.4355
September 42275.0000 42237.5000 42252.3333
October 42262.5000 42237.5000 42250.0000
November 42275.0000 42225.0000 42255.8333
December 42275.0000 42017.5000 42230.2419