2023 BMD to MXN Historical Review

YEARLY HIGH

19.4973 MXN

YEARLY LOW

16.6837 MXN

YEARLY AVERAGE

17.7370 MXN

2023 BMD to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BMD to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 19.4973. Conversely, the yearly low was recorded on July 30, dropping to 16.6837.

This high-to-low spread represents a total annual volatility of 2.8135 MXN. From a start-to-finish perspective, comparing the January average rate of 18.9646 to the December average rate of 17.1665, the exchange rate registered a net change of -9.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 19.4973 was down 8.75% compared to the 2022 peak of 21.3668, 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 97,486 MXN

2022 Average 100,536 MXN

Yearly Trough Low 83,419 MXN

Transaction Impact: A difference of 14,067.73 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

19.1691

16.7158

JanuMarcMayJulySeptNove

BMD to MXN 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 18.1682, compared to 17.3058 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8624 points.

H1 Avg (Jan–Jun) 18.1682

H2 Avg (Jul–Dec) 17.3058

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 1.0482 MXN (High: 19.0048 / Low: 17.9566). On the other end, April was the most stable month, with a tight range of 0.3314 MXN (High: 18.3116 / Low: 17.9802).

March Spread (Volatile) ±1.0482

April Spread (Stable) ±0.3314

Growth Streaks & Declines

Trends

Between 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 0.7116 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.7116

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 18.9646) against the same month in 2022 (average: 20.5015), the exchange rate shifted by -1.5368 (-7.50%).

2023 Avg (January) 18.9646

2022 Avg (January) 20.5015

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	19.4973	18.6565	18.9646
February	19.1711	18.3045	18.5968
March	19.0048	17.9566	18.4068
April	18.3116	17.9802	18.0678
May	17.9767	17.4485	17.7279
June	17.5653	17.0794	17.2454
July	17.2344	16.6837	16.9202
August	17.3366	16.7342	16.9866
September	17.6890	17.0610	17.2977
October	18.3439	17.4106	18.0875
November	17.7935	17.1138	17.3760
December	17.4755	16.9247	17.1665