2023 BMD to KZT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 BMD to KZT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the BMD to KZT exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 479.9578. Conversely, the yearly low was recorded on March 5, dropping to 431.2123.
This high-to-low spread represents a total annual volatility of 48.7455 KZT. From a start-to-finish perspective, comparing the January average rate of 462.5651 to the December average rate of 459.1648, the exchange rate registered a net change of -0.74% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 479.9578 was down 8.44% compared to the 2022 peak of 524.2083, 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 KZT 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 451.9352, compared to 460.9353 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 9.0001 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was March, with a trading range of 33.6334 KZT (High: 464.8457 / Low: 431.2123). On the other end, January was the most stable month, with a tight range of 6.0824 KZT (High: 465.7696 / Low: 459.6873).
Growth Streaks & Declines
TrendsBetween July and October, 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 October and November, when the average rate fell by 13.2601 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2023: 468.6018) against the same month in 2022 (average: 475.1257), the exchange rate shifted by -6.5238 (-1.37%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 465.7696 | 459.6873 | 462.5651 |
| February | 462.3077 | 444.6487 | 451.4907 |
| March | 464.8457 | 431.2123 | 451.2533 |
| April | 457.7618 | 442.9094 | 451.5873 |
| May | 450.9517 | 442.1001 | 446.1068 |
| June | 454.4016 | 444.0634 | 448.6078 |
| July | 451.5557 | 442.2775 | 445.0957 |
| August | 465.2433 | 442.5781 | 453.1667 |
| September | 479.9578 | 457.6033 | 468.6018 |
| October | 479.8173 | 468.9129 | 476.4214 |
| November | 469.8413 | 457.3331 | 463.1613 |
| December | 462.3650 | 456.1313 | 459.1648 |