2023 HTG to BAM Historical Review

YEARLY HIGH

0.0140 BAM

YEARLY LOW

0.0114 BAM

YEARLY AVERAGE

0.0128 BAM

2023 HTG to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HTG to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on November 1, valuing the pair at 0.0140. Conversely, the yearly low was recorded on April 16, dropping to 0.0114.

This high-to-low spread represents a total annual volatility of 0.0026 BAM. From a start-to-finish perspective, comparing the January average rate of 0.0122 to the December average rate of 0.0136, the exchange rate registered a net change of 10.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0140 was down 20.38% compared to the 2022 peak of 0.0176, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 70 BAM

2022 Average 80 BAM

Yearly Trough Low 57 BAM

Transaction Impact: A difference of 13.02 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0140

0.0113

JanuMarcMayJulySeptNove

HTG 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 0.0122, compared to 0.0134 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0122

H2 Avg (Jul–Dec) 0.0134

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0015 BAM (High: 0.0130 / Low: 0.0115). On the other end, April was the most stable month, with a tight range of 0.0002 BAM (High: 0.0116 / Low: 0.0114).

May Spread (Volatile) ±0.0015

April Spread (Stable) ±0.0002

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 0.0004 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0137) against the same month in 2022 (average: 0.0142), the exchange rate shifted by -0.0005 (-3.80%).

2023 Avg (November) 0.0137

2022 Avg (November) 0.0142

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0126	0.0121	0.0122
February	0.0124	0.0118	0.0122
March	0.0122	0.0116	0.0119
April	0.0116	0.0114	0.0115
May	0.0130	0.0115	0.0124
June	0.0132	0.0128	0.0130
July	0.0130	0.0125	0.0128
August	0.0134	0.0130	0.0132
September	0.0137	0.0133	0.0135
October	0.0139	0.0136	0.0138
November	0.0140	0.0134	0.0137
December	0.0137	0.0133	0.0136