2023 MVR to BAM Historical Review

YEARLY HIGH

0.1213 BAM

YEARLY LOW

0.1128 BAM

YEARLY AVERAGE

0.1176 BAM

2023 MVR to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MVR to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.1213. Conversely, the yearly low was recorded on July 15, dropping to 0.1128.

This high-to-low spread represents a total annual volatility of 0.0085 BAM. From a start-to-finish perspective, comparing the January average rate of 0.1182 to the December average rate of 0.1166, the exchange rate registered a net change of -1.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1213 was down 8.44% compared to the 2022 peak of 0.1325, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 606 BAM

2022 Average 603 BAM

Yearly Trough Low 564 BAM

Transaction Impact: A difference of 42.27 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1208

0.1145

JanuMarcMayJulySeptNove

MVR 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 0.1178, compared to 0.1175 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.1178

H2 Avg (Jul–Dec) 0.1175

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0048 BAM (High: 0.1206 / Low: 0.1158). On the other end, October was the most stable month, with a tight range of 0.0020 BAM (High: 0.1213 / Low: 0.1193).

February Spread (Volatile) ±0.0048

October Spread (Stable) ±0.0020

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 0.0028 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.1203) against the same month in 2022 (average: 0.1290), the exchange rate shifted by -0.0088 (-6.80%).

2023 Avg (October) 0.1203

2022 Avg (October) 0.1290

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1210	0.1168	0.1182
February	0.1206	0.1158	0.1189
March	0.1208	0.1165	0.1188
April	0.1171	0.1144	0.1160
May	0.1193	0.1151	0.1172
June	0.1193	0.1157	0.1176
July	0.1175	0.1128	0.1150
August	0.1176	0.1156	0.1166
September	0.1200	0.1171	0.1186
October	0.1213	0.1193	0.1203
November	0.1206	0.1159	0.1178
December	0.1184	0.1147	0.1166