2023 BND to BAM Historical Review

YEARLY HIGH

1.3826 BAM

YEARLY LOW

1.3132 BAM

YEARLY AVERAGE

1.3469 BAM

2023 BND to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BND to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 1.3826. Conversely, the yearly low was recorded on July 21, dropping to 1.3132.

This high-to-low spread represents a total annual volatility of 0.0694 BAM. From a start-to-finish perspective, comparing the January average rate of 1.3698 to the December average rate of 1.3449, the exchange rate registered a net change of -1.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.3826 was down 2.31% compared to the 2022 peak of 1.4152, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,913 BAM

2022 Average 6,742 BAM

Yearly Trough Low 6,566 BAM

Transaction Impact: A difference of 347.02 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.3753

1.3209

JanuMarcMayJulySeptNove

BND to BAM 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 1.3548, compared to 1.3390 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0158 points.

H1 Avg (Jan–Jun) 1.3548

H2 Avg (Jul–Dec) 1.3390

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0354 BAM (High: 1.3557 / Low: 1.3204). On the other end, October was the most stable month, with a tight range of 0.0145 BAM (High: 1.3580 / Low: 1.3436).

June Spread (Volatile) ±0.0354

October Spread (Stable) ±0.0145

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 March and April, when the average rate fell by 0.0239 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0239

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 1.3698) against the same month in 2022 (average: 1.2796), the exchange rate shifted by +0.0902 (+7.05%).

2023 Avg (January) 1.3698

2022 Avg (January) 1.2796

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3826	1.3631	1.3698
February	1.3776	1.3606	1.3708
March	1.3703	1.3525	1.3637
April	1.3525	1.3257	1.3398
May	1.3521	1.3308	1.3431
June	1.3557	1.3204	1.3412
July	1.3359	1.3132	1.3254
August	1.3356	1.3177	1.3270
September	1.3544	1.3355	1.3424
October	1.3580	1.3436	1.3521
November	1.3529	1.3320	1.3421
December	1.3550	1.3360	1.3449