2023 CVE to BAM Historical Review

YEARLY HIGH

0.0180 BAM

YEARLY LOW

0.0173 BAM

YEARLY AVERAGE

0.0177 BAM

2023 CVE to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CVE to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0180. Conversely, the yearly low was recorded on June 13, dropping to 0.0173.

This high-to-low spread represents a total annual volatility of 0.0007 BAM. From a start-to-finish perspective, comparing the January average rate of 0.0177 to the December average rate of 0.0177, the exchange rate registered a net change of -0.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0180 was down 3.10% compared to the 2022 peak of 0.0186, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 90 BAM

2022 Average 88 BAM

Yearly Trough Low 86 BAM

Transaction Impact: A difference of 3.46 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0177

JanuMarcMayJulySeptNove

CVE 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 0.0177, compared to 0.0177 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0177

H2 Avg (Jul–Dec) 0.0177

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0005 BAM (High: 0.0178 / Low: 0.0173). On the other end, August was the most stable month, with a tight range of 0.0001 BAM (High: 0.0177 / Low: 0.0177).

June Spread (Volatile) ±0.0005

August Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between June and August, 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 March and April, when the average rate fell by 0.0000 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0177) against the same month in 2022 (average: 0.0177), the exchange rate shifted by +0.0000 (+0.28%).

2023 Avg (January) 0.0177

2022 Avg (January) 0.0177

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0180	0.0176	0.0177
February	0.0177	0.0175	0.0177
March	0.0179	0.0177	0.0177
April	0.0178	0.0175	0.0177
May	0.0177	0.0176	0.0177
June	0.0178	0.0173	0.0177
July	0.0177	0.0176	0.0177
August	0.0177	0.0177	0.0177
September	0.0177	0.0176	0.0177
October	0.0178	0.0175	0.0177
November	0.0177	0.0175	0.0177
December	0.0178	0.0174	0.0177