YEARLY HIGH
89.3200 KGS
YEARLY LOW
84.0732 KGS
YEARLY AVERAGE
87.8431 KGS

2023 BMD to KGS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BMD to KGS exchange rate experienced significant fluctuation. The market reached its absolute peak on October 17, valuing the pair at 89.3200. Conversely, the yearly low was recorded on January 8, dropping to 84.0732.

This high-to-low spread represents a total annual volatility of 5.2468 KGS. From a start-to-finish perspective, comparing the January average rate of 85.5840 to the December average rate of 89.1329, the exchange rate registered a net change of 4.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 89.3200 was down 13.19% compared to the 2022 peak of 102.8888, 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 446,600 KGS
2022 Average 421,329 KGS
Yearly Trough Low 420,366 KGS
Transaction Impact: A difference of 26,233.88 KGS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

89.5192
85.2263
JanuMarcMayJulySeptNove

BMD to KGS 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 87.0629, compared to 88.6232 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.5603 points.

H1 Avg (Jan–Jun) 87.0629
H2 Avg (Jul–Dec) 88.6232

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 2.0768 KGS (High: 86.1500 / Low: 84.0732). On the other end, March was the most stable month, with a tight range of 0.0040 KGS (High: 87.4200 / Low: 87.4160).

January Spread (Volatile) ±2.0768
March Spread (Stable) ±0.0040

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0285 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0285

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 89.1068) against the same month in 2022 (average: 81.8688), the exchange rate shifted by +7.2380 (+8.84%).

2023 Avg (October) 89.1068
2022 Avg (October) 81.8688

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 86.1500 84.0732 85.5840
February 87.4200 86.1500 86.9670
March 87.4200 87.4160 87.4198
April 87.5200 87.4200 87.4795
May 87.5900 87.3000 87.4708
June 87.5900 87.2015 87.4563
July 87.8700 87.2015 87.7169
August 88.2700 87.7569 88.0782
September 88.7100 88.2546 88.5430
October 89.3200 88.7100 89.1068
November 89.3200 88.6272 89.1614
December 89.3200 88.8656 89.1329