YEARLY HIGH
0.1033 BAM
YEARLY LOW
0.0946 BAM
YEARLY AVERAGE
0.0999 BAM

2023 MDL to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MDL to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on October 14, valuing the pair at 0.1033. Conversely, the yearly low was recorded on January 15, dropping to 0.0946.

This high-to-low spread represents a total annual volatility of 0.0088 BAM. From a start-to-finish perspective, comparing the January average rate of 0.0957 to the December average rate of 0.1018, the exchange rate registered a net change of 6.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1033 was down 1.61% compared to the 2022 peak of 0.1050, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 517 BAM
2022 Average 493 BAM
Yearly Trough Low 473 BAM
Transaction Impact: A difference of 43.82 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1027
0.0951
JanuMarcMayJulySeptNove

MDL 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 0.0987, compared to 0.1012 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0025 points.

H1 Avg (Jan–Jun) 0.0987
H2 Avg (Jul–Dec) 0.1012

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0053 BAM (High: 0.1015 / Low: 0.0962). On the other end, April was the most stable month, with a tight range of 0.0015 BAM (High: 0.0996 / Low: 0.0981).

July Spread (Volatile) ±0.0053
April Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0020 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.1021) against the same month in 2022 (average: 0.1029), the exchange rate shifted by -0.0008 (-0.79%).

2023 Avg (October) 0.1021
2022 Avg (October) 0.1029

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0971 0.0946 0.0957
February 0.0983 0.0948 0.0973
March 0.0996 0.0971 0.0982
April 0.0996 0.0981 0.0988
May 0.1028 0.0990 0.1012
June 0.1029 0.0981 0.1009
July 0.1015 0.0962 0.0989
August 0.1022 0.1004 0.1014
September 0.1026 0.1010 0.1017
October 0.1033 0.1011 0.1021
November 0.1027 0.1003 0.1014
December 0.1029 0.1005 0.1018