2023 BMD to SOS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 BMD to SOS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the BMD to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 574.6375. Conversely, the yearly low was recorded on March 18, dropping to 560.5493.
This high-to-low spread represents a total annual volatility of 14.0882 SOS. From a start-to-finish perspective, comparing the January average rate of 568.6994 to the December average rate of 571.7401, the exchange rate registered a net change of 0.53% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 574.6375 was down 1.94% compared to the 2022 peak of 586.0000, 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 SOS 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 568.4520, compared to 570.2052 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.7533 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was February, with a trading range of 10.3158 SOS (High: 573.7630 / Low: 563.4472). On the other end, May was the most stable month, with a tight range of 2.7656 SOS (High: 569.5192 / Low: 566.7536).
Growth Streaks & Declines
TrendsBetween March and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.6646 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 571.7401) against the same month in 2022 (average: 568.8865), the exchange rate shifted by +2.8536 (+0.50%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 569.5000 | 566.6220 | 568.6994 |
| February | 573.7630 | 563.4472 | 568.6608 |
| March | 568.9942 | 560.5493 | 567.9963 |
| April | 569.3072 | 563.9889 | 568.0824 |
| May | 569.5192 | 566.7536 | 568.5757 |
| June | 570.6428 | 564.9485 | 568.6972 |
| July | 569.7468 | 565.0655 | 568.7499 |
| August | 571.6654 | 565.2741 | 569.2040 |
| September | 572.7097 | 568.5000 | 570.1207 |
| October | 571.9840 | 568.9219 | 570.8865 |
| November | 571.8924 | 566.8375 | 570.5303 |
| December | 574.6375 | 571.0000 | 571.7401 |