2023 BOB to BAM Historical Review

YEARLY HIGH

0.2702 BAM

YEARLY LOW

0.2514 BAM

YEARLY AVERAGE

0.2618 BAM

2023 BOB to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BOB to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.2702. Conversely, the yearly low was recorded on July 18, dropping to 0.2514.

This high-to-low spread represents a total annual volatility of 0.0188 BAM. From a start-to-finish perspective, comparing the January average rate of 0.2630 to the December average rate of 0.2590, the exchange rate registered a net change of -1.53% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2702 was down 8.60% compared to the 2022 peak of 0.2956, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,351 BAM

2022 Average 1,349 BAM

Yearly Trough Low 1,257 BAM

Transaction Impact: A difference of 93.89 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2692

0.2550

JanuMarcMayJulySeptNove

BOB 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 0.2619, compared to 0.2616 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.2619

H2 Avg (Jul–Dec) 0.2616

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0108 BAM (High: 0.2685 / Low: 0.2577). On the other end, October was the most stable month, with a tight range of 0.0046 BAM (High: 0.2702 / Low: 0.2656).

November Spread (Volatile) ±0.0108

October Spread (Stable) ±0.0046

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 0.0068 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0068

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.2680) against the same month in 2022 (average: 0.2882), the exchange rate shifted by -0.0202 (-7.02%).

2023 Avg (October) 0.2680

2022 Avg (October) 0.2882

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2697	0.2597	0.2630
February	0.2680	0.2572	0.2642
March	0.2686	0.2600	0.2648
April	0.2604	0.2543	0.2580
May	0.2642	0.2559	0.2604
June	0.2647	0.2572	0.2612
July	0.2608	0.2514	0.2562
August	0.2620	0.2566	0.2594
September	0.2685	0.2609	0.2647
October	0.2702	0.2656	0.2680
November	0.2685	0.2577	0.2622
December	0.2628	0.2545	0.2590