YEARLY HIGH
1.8678 BAM
YEARLY LOW
1.7379 BAM
YEARLY AVERAGE
1.8082 BAM

2023 LVL to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LVL to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 1.8678. Conversely, the yearly low was recorded on July 18, dropping to 1.7379.

This high-to-low spread represents a total annual volatility of 0.1299 BAM. From a start-to-finish perspective, comparing the January average rate of 1.8177 to the December average rate of 1.7919, the exchange rate registered a net change of -1.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.8678 was down 8.73% compared to the 2022 peak of 2.0465, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,339 BAM
2022 Average 9,299 BAM
Yearly Trough Low 8,689 BAM
Transaction Impact: A difference of 649.47 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.8588
1.7606
JanuMarcMayJulySeptNove

LVL 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 1.8093, compared to 1.8070 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 1.8093
H2 Avg (Jul–Dec) 1.8070

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0745 BAM (High: 1.8517 / Low: 1.7772). On the other end, October was the most stable month, with a tight range of 0.0327 BAM (High: 1.8678 / Low: 1.8350).

February Spread (Volatile) ±0.0745
October Spread (Stable) ±0.0327

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 0.0449 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0449

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 1.8506) against the same month in 2022 (average: 1.9921), the exchange rate shifted by -0.1415 (-7.10%).

2023 Avg (October) 1.8506
2022 Avg (October) 1.9921

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.8654 1.7945 1.8177
February 1.8517 1.7772 1.8258
March 1.8556 1.7955 1.8271
April 1.8000 1.7572 1.7822
May 1.8249 1.7678 1.7984
June 1.8296 1.7773 1.8049
July 1.7988 1.7379 1.7688
August 1.8115 1.7735 1.7921
September 1.8560 1.8033 1.8288
October 1.8678 1.8350 1.8506
November 1.8541 1.7799 1.8097
December 1.8179 1.7658 1.7919