2023 BMD to SYP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 BMD to SYP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the BMD to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 2512.5300. Conversely, the yearly low was recorded on December 31, dropping to 2512.5300.
This high-to-low spread represents a total annual volatility of 0.0000 SYP. From a start-to-finish perspective, comparing the January average rate of 2512.5300 to the December average rate of 2512.5300, the exchange rate registered a net change of 0.00% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 2512.5300 was up 0.00% compared to the 2022 peak of 2512.5300, 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 SYP 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 2512.5300, compared to 2512.5300 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was January, with a trading range of 0.0000 SYP (High: 2512.5300 / Low: 2512.5300). On the other end, December was the most stable month, with a tight range of 0.0000 SYP (High: 2512.5300 / Low: 2512.5300).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. No significant month-over-month rate declines were detected.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2023: 2512.5300) against the same month in 2022 (average: 2512.1452), the exchange rate shifted by +0.3848 (+0.02%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2512.5300 | 2512.5300 | 2512.5300 |
| February | 2512.5300 | 2512.5300 | 2512.5300 |
| March | 2512.5300 | 2512.5300 | 2512.5300 |
| April | 2512.5300 | 2512.5300 | 2512.5300 |
| May | 2512.5300 | 2512.5300 | 2512.5300 |
| June | 2512.5300 | 2512.5300 | 2512.5300 |
| July | 2512.5300 | 2512.5300 | 2512.5300 |
| August | 2512.5300 | 2512.5300 | 2512.5300 |
| September | 2512.5300 | 2512.5300 | 2512.5300 |
| October | 2512.5300 | 2512.5300 | 2512.5300 |
| November | 2512.5300 | 2512.5300 | 2512.5300 |
| December | 2512.5300 | 2512.5300 | 2512.5300 |