YEARLY HIGH
250.4249 YER
YEARLY LOW
249.7999 YER
YEARLY AVERAGE
250.3198 YER

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BMD based on timing:

Yearly Peak High 1,252,125 YER
2022 Average 1,251,297 YER
Yearly Trough Low 1,249,000 YER
Transaction Impact: A difference of 3,125.09 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

250.3521
250.2166
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 250.3283
H2 Avg (Jul–Dec) 250.3113

Volatility Range Comparison

Volatility

The 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).

December Spread (Volatile) ±0.5751
June Spread (Stable) ±0.0500

Growth Streaks & Declines

Trends

No 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.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.1015

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2023 Avg (September) 250.3408
2022 Avg (September) 250.2891

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