YEARLY HIGH
0.1450 BAM
YEARLY LOW
0.1311 BAM
YEARLY AVERAGE
0.1354 BAM

2023 BWP to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BWP to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 0.1450. Conversely, the yearly low was recorded on December 28, dropping to 0.1311.

This high-to-low spread represents a total annual volatility of 0.0138 BAM. From a start-to-finish perspective, comparing the January average rate of 0.1423 to the December average rate of 0.1327, the exchange rate registered a net change of -6.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1450 was down 7.76% compared to the 2022 peak of 0.1572, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 725 BAM
2022 Average 752 BAM
Yearly Trough Low 656 BAM
Transaction Impact: A difference of 69.22 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1433
0.1317
JanuMarcMayJulySeptNove

BWP 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 0.1373, compared to 0.1336 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0037 points.

H1 Avg (Jan–Jun) 0.1373
H2 Avg (Jul–Dec) 0.1336

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0048 BAM (High: 0.1450 / Low: 0.1402). On the other end, October was the most stable month, with a tight range of 0.0019 BAM (High: 0.1357 / Low: 0.1339).

January Spread (Volatile) ±0.0048
October Spread (Stable) ±0.0019

Growth Streaks & Declines

Trends

Between August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0028 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1423) against the same month in 2022 (average: 0.1489), the exchange rate shifted by -0.0066 (-4.41%).

2023 Avg (January) 0.1423
2022 Avg (January) 0.1489

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1450 0.1402 0.1423
February 0.1408 0.1384 0.1395
March 0.1393 0.1363 0.1382
April 0.1380 0.1341 0.1358
May 0.1349 0.1321 0.1335
June 0.1356 0.1324 0.1343
July 0.1361 0.1323 0.1336
August 0.1348 0.1312 0.1328
September 0.1351 0.1328 0.1340
October 0.1357 0.1339 0.1347
November 0.1359 0.1318 0.1339
December 0.1338 0.1311 0.1327