2023 SAR to BAM Historical Review

YEARLY HIGH

0.4980 BAM

YEARLY LOW

0.4633 BAM

YEARLY AVERAGE

0.4820 BAM

2023 SAR to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SAR to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.4980. Conversely, the yearly low was recorded on July 15, dropping to 0.4633.

This high-to-low spread represents a total annual volatility of 0.0347 BAM. From a start-to-finish perspective, comparing the January average rate of 0.4839 to the December average rate of 0.4777, the exchange rate registered a net change of -1.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4980 was down 8.35% compared to the 2022 peak of 0.5434, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,490 BAM

2022 Average 2,477 BAM

Yearly Trough Low 2,317 BAM

Transaction Impact: A difference of 173.33 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4956

0.4694

JanuMarcMayJulySeptNove

SAR 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 0.4822, compared to 0.4818 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.4822

H2 Avg (Jul–Dec) 0.4818

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0198 BAM (High: 0.4934 / Low: 0.4736). On the other end, October was the most stable month, with a tight range of 0.0088 BAM (High: 0.4980 / Low: 0.4892).

February Spread (Volatile) ±0.0198

October Spread (Stable) ±0.0088

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 0.0115 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0115

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.4934) against the same month in 2022 (average: 0.5300), the exchange rate shifted by -0.0367 (-6.92%).

2023 Avg (October) 0.4934

2022 Avg (October) 0.5300

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4963	0.4780	0.4839
February	0.4934	0.4736	0.4867
March	0.4942	0.4782	0.4866
April	0.4799	0.4685	0.4751
May	0.4866	0.4714	0.4795
June	0.4879	0.4738	0.4813
July	0.4796	0.4633	0.4716
August	0.4830	0.4727	0.4778
September	0.4949	0.4808	0.4876
October	0.4980	0.4892	0.4934
November	0.4943	0.4745	0.4826
December	0.4847	0.4709	0.4777