YEARLY HIGH
0.2257 BAM
YEARLY LOW
0.2078 BAM
YEARLY AVERAGE
0.2167 BAM

2023 SBD to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SBD to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.2257. Conversely, the yearly low was recorded on July 16, dropping to 0.2078.

This high-to-low spread represents a total annual volatility of 0.0179 BAM. From a start-to-finish perspective, comparing the January average rate of 0.2199 to the December average rate of 0.2119, the exchange rate registered a net change of -3.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2257 was down 10.19% compared to the 2022 peak of 0.2513, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,128 BAM
2022 Average 1,143 BAM
Yearly Trough Low 1,039 BAM
Transaction Impact: A difference of 89.69 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2231
0.2104
JanuMarcMayJulySeptNove

SBD 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 0.2185, compared to 0.2149 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0037 points.

H1 Avg (Jan–Jun) 0.2185
H2 Avg (Jul–Dec) 0.2149

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0102 BAM (High: 0.2202 / Low: 0.2100). On the other end, October was the most stable month, with a tight range of 0.0042 BAM (High: 0.2218 / Low: 0.2176).

November Spread (Volatile) ±0.0102
October Spread (Stable) ±0.0042

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 0.0071 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0071

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.2199) against the same month in 2022 (average: 0.2140), the exchange rate shifted by +0.0060 (+2.78%).

2023 Avg (January) 0.2199
2022 Avg (January) 0.2140

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2257 0.2172 0.2199
February 0.2249 0.2168 0.2217
March 0.2250 0.2178 0.2220
April 0.2181 0.2108 0.2149
May 0.2190 0.2123 0.2160
June 0.2194 0.2133 0.2165
July 0.2159 0.2078 0.2114
August 0.2164 0.2119 0.2141
September 0.2216 0.2155 0.2177
October 0.2218 0.2176 0.2194
November 0.2202 0.2100 0.2145
December 0.2150 0.2095 0.2119