YEARLY HIGH
0.1457 BAM
YEARLY LOW
0.1232 BAM
YEARLY AVERAGE
0.1346 BAM

2023 SCR to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SCR to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on October 26, valuing the pair at 0.1457. Conversely, the yearly low was recorded on July 21, dropping to 0.1232.

This high-to-low spread represents a total annual volatility of 0.0225 BAM. From a start-to-finish perspective, comparing the January average rate of 0.1343 to the December average rate of 0.1334, the exchange rate registered a net change of -0.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1457 was down 6.86% compared to the 2022 peak of 0.1564, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 728 BAM
2022 Average 687 BAM
Yearly Trough Low 616 BAM
Transaction Impact: A difference of 112.31 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1400
0.1310
JanuMarcMayJulySeptNove

SCR 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 0.1337, compared to 0.1356 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.1337
H2 Avg (Jul–Dec) 0.1356

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0151 BAM (High: 0.1420 / Low: 0.1269). On the other end, August was the most stable month, with a tight range of 0.0063 BAM (High: 0.1372 / Low: 0.1309).

January Spread (Volatile) ±0.0151
August Spread (Stable) ±0.0063

Growth Streaks & Declines

Trends

Between June and September, 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 0.0039 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0039

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.1389) against the same month in 2022 (average: 0.1492), the exchange rate shifted by -0.0103 (-6.91%).

2023 Avg (October) 0.1389
2022 Avg (October) 0.1492

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1420 0.1269 0.1343
February 0.1422 0.1274 0.1348
March 0.1410 0.1289 0.1358
April 0.1381 0.1271 0.1320
May 0.1388 0.1274 0.1333
June 0.1387 0.1262 0.1318
July 0.1375 0.1232 0.1324
August 0.1372 0.1309 0.1340
September 0.1436 0.1342 0.1392
October 0.1457 0.1337 0.1389
November 0.1400 0.1300 0.1355
December 0.1407 0.1271 0.1334