2023 BMD to KGS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
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.
Comparing the value generated converting 5,000 BMD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |