YEARLY HIGH
0.0089 BAM
YEARLY LOW
0.0083 BAM
YEARLY AVERAGE
0.0086 BAM

2023 GYD to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GYD to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.0089. Conversely, the yearly low was recorded on July 18, dropping to 0.0083.

This high-to-low spread represents a total annual volatility of 0.0006 BAM. From a start-to-finish perspective, comparing the January average rate of 0.0087 to the December average rate of 0.0086, the exchange rate registered a net change of -1.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0089 was down 8.72% compared to the 2022 peak of 0.0098, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 45 BAM
2022 Average 44 BAM
Yearly Trough Low 41 BAM
Transaction Impact: A difference of 3.22 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0089
0.0084
JanuMarcMayJulySeptNove

GYD 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 0.0086, compared to 0.0086 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0086
H2 Avg (Jul–Dec) 0.0086

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0004 BAM (High: 0.0089 / Low: 0.0085). On the other end, October was the most stable month, with a tight range of 0.0001 BAM (High: 0.0089 / Low: 0.0088).

January Spread (Volatile) ±0.0004
October Spread (Stable) ±0.0001

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 0.0002 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0088) against the same month in 2022 (average: 0.0095), the exchange rate shifted by -0.0007 (-7.10%).

2023 Avg (October) 0.0088
2022 Avg (October) 0.0095

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0089 0.0085 0.0087
February 0.0088 0.0084 0.0087
March 0.0088 0.0085 0.0087
April 0.0085 0.0083 0.0084
May 0.0086 0.0084 0.0085
June 0.0086 0.0084 0.0085
July 0.0085 0.0083 0.0084
August 0.0087 0.0085 0.0086
September 0.0089 0.0086 0.0087
October 0.0089 0.0088 0.0088
November 0.0089 0.0085 0.0087
December 0.0087 0.0084 0.0086