2023 BMD to YER Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 BMD to YER Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the BMD to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on September 7, valuing the pair at 250.4249. Conversely, the yearly low was recorded on December 25, dropping to 249.7999.
This high-to-low spread represents a total annual volatility of 0.6250 YER. From a start-to-finish perspective, comparing the January average rate of 250.3265 to the December average rate of 250.2279, the exchange rate registered a net change of -0.04% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 250.4249 was up 0.01% compared to the 2022 peak of 250.3999, 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 YER 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 250.3283, compared to 250.3113 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0171 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was December, with a trading range of 0.5751 YER (High: 250.3750 / Low: 249.7999). On the other end, June was the most stable month, with a tight range of 0.0500 YER (High: 250.3501 / Low: 250.3001).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.1015 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2023: 250.3408) against the same month in 2022 (average: 250.2891), the exchange rate shifted by +0.0517 (+0.02%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 250.4000 | 250.2470 | 250.3265 |
| February | 250.4000 | 250.1249 | 250.3392 |
| March | 250.3500 | 250.2470 | 250.3035 |
| April | 250.4000 | 250.2750 | 250.3358 |
| May | 250.3501 | 250.2501 | 250.3266 |
| June | 250.3501 | 250.3001 | 250.3383 |
| July | 250.3500 | 250.1980 | 250.3233 |
| August | 250.3501 | 250.2190 | 250.3088 |
| September | 250.4249 | 250.2120 | 250.3408 |
| October | 250.4000 | 250.2251 | 250.3372 |
| November | 250.4000 | 250.3000 | 250.3295 |
| December | 250.3750 | 249.7999 | 250.2279 |