2023 BZD to BAM Historical Review

YEARLY HIGH

0.9263 BAM

YEARLY LOW

0.8619 BAM

YEARLY AVERAGE

0.8975 BAM

2023 BZD to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BZD to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.9263. Conversely, the yearly low was recorded on July 18, dropping to 0.8619.

This high-to-low spread represents a total annual volatility of 0.0644 BAM. From a start-to-finish perspective, comparing the January average rate of 0.9018 to the December average rate of 0.8880, the exchange rate registered a net change of -1.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.9263 was down 8.60% compared to the 2022 peak of 1.0134, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,631 BAM

2022 Average 4,614 BAM

Yearly Trough Low 4,309 BAM

Transaction Impact: A difference of 322.00 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.9228

0.8745

JanuMarcMayJulySeptNove

BZD 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 0.8982, compared to 0.8968 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.8982

H2 Avg (Jul–Dec) 0.8968

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0370 BAM (High: 0.9203 / Low: 0.8833). On the other end, April was the most stable month, with a tight range of 0.0153 BAM (High: 0.8927 / Low: 0.8774).

November Spread (Volatile) ±0.0370

April Spread (Stable) ±0.0153

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 0.0237 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0237

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.9188) against the same month in 2022 (average: 0.9892), the exchange rate shifted by -0.0704 (-7.12%).

2023 Avg (October) 0.9188

2022 Avg (October) 0.9892

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9246	0.8902	0.9018
February	0.9187	0.8818	0.9057
March	0.9213	0.8914	0.9087
April	0.8927	0.8774	0.8851
May	0.9056	0.8773	0.8926
June	0.9074	0.8816	0.8956
July	0.8940	0.8619	0.8786
August	0.8982	0.8797	0.8891
September	0.9206	0.8946	0.9075
October	0.9263	0.9106	0.9188
November	0.9203	0.8833	0.8989
December	0.9010	0.8725	0.8880