2023 XCD to BAM Historical Review

YEARLY HIGH

0.6911 BAM

YEARLY LOW

0.6431 BAM

YEARLY AVERAGE

0.6691 BAM

2023 XCD to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XCD to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.6911. Conversely, the yearly low was recorded on July 18, dropping to 0.6431.

This high-to-low spread represents a total annual volatility of 0.0481 BAM. From a start-to-finish perspective, comparing the January average rate of 0.6726 to the December average rate of 0.6630, the exchange rate registered a net change of -1.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6911 was down 8.73% compared to the 2022 peak of 0.7573, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,456 BAM

2022 Average 3,441 BAM

Yearly Trough Low 3,215 BAM

Transaction Impact: A difference of 240.32 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6878

0.6515

JanuMarcMayJulySeptNove

XCD 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 0.6695, compared to 0.6686 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.6695

H2 Avg (Jul–Dec) 0.6686

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0276 BAM (High: 0.6852 / Low: 0.6576). On the other end, October was the most stable month, with a tight range of 0.0121 BAM (High: 0.6911 / Low: 0.6790).

February Spread (Volatile) ±0.0276

October Spread (Stable) ±0.0121

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 0.0166 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0166

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.6848) against the same month in 2022 (average: 0.7371), the exchange rate shifted by -0.0524 (-7.11%).

2023 Avg (October) 0.6848

2022 Avg (October) 0.7371

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6902	0.6640	0.6726
February	0.6852	0.6576	0.6756
March	0.6866	0.6644	0.6761
April	0.6660	0.6502	0.6595
May	0.6753	0.6541	0.6654
June	0.6770	0.6576	0.6679
July	0.6656	0.6431	0.6545
August	0.6703	0.6562	0.6631
September	0.6867	0.6672	0.6767
October	0.6911	0.6790	0.6848
November	0.6861	0.6586	0.6696
December	0.6727	0.6534	0.6630