2023 EUR to BAM Historical Review

YEARLY HIGH

1.9892 BAM

YEARLY LOW

1.9284 BAM

YEARLY AVERAGE

1.9565 BAM

2023 EUR to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the EUR to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 1.9892. Conversely, the yearly low was recorded on July 27, dropping to 1.9284.

This high-to-low spread represents a total annual volatility of 0.0607 BAM. From a start-to-finish perspective, comparing the January average rate of 1.9607 to the December average rate of 1.9572, the exchange rate registered a net change of -0.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.9892 was down 0.72% compared to the 2022 peak of 2.0037, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,946 BAM

2022 Average 9,778 BAM

Yearly Trough Low 9,642 BAM

Transaction Impact: A difference of 303.68 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.9615

1.9521

JanuMarcMayJulySeptNove

EUR 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 1.9574, compared to 1.9557 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 1.9574

H2 Avg (Jul–Dec) 1.9557

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0491 BAM (High: 1.9892 / Low: 1.9401). On the other end, August was the most stable month, with a tight range of 0.0252 BAM (High: 1.9709 / Low: 1.9457).

January Spread (Volatile) ±0.0491

August Spread (Stable) ±0.0252

Growth Streaks & Declines

Trends

Between February and April, 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 0.0069 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0069

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 1.9607) against the same month in 2022 (average: 1.9562), the exchange rate shifted by +0.0045 (+0.23%).

2023 Avg (January) 1.9607

2022 Avg (January) 1.9562

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.9892	1.9401	1.9607
February	1.9773	1.9336	1.9538
March	1.9711	1.9355	1.9577
April	1.9812	1.9347	1.9584
May	1.9887	1.9404	1.9564
June	1.9777	1.9447	1.9572
July	1.9772	1.9284	1.9558
August	1.9709	1.9457	1.9552
September	1.9630	1.9374	1.9528
October	1.9672	1.9406	1.9553
November	1.9838	1.9491	1.9580
December	1.9740	1.9468	1.9572