YEARLY HIGH
2.4851 BAM
YEARLY LOW
2.3398 BAM
YEARLY AVERAGE
2.4131 BAM

2023 XDR to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XDR to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 2.4851. Conversely, the yearly low was recorded on July 16, dropping to 2.3398.

This high-to-low spread represents a total annual volatility of 0.1453 BAM. From a start-to-finish perspective, comparing the January average rate of 2.4419 to the December average rate of 2.3897, the exchange rate registered a net change of -2.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.4851 was down 12.95% compared to the 2022 peak of 2.8547, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,425 BAM
2022 Average 12,748 BAM
Yearly Trough Low 11,699 BAM
Transaction Impact: A difference of 726.66 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.4521
2.3700
JanuMarcMayJulySeptNove

XDR 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 2.4262, compared to 2.4000 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0263 points.

H1 Avg (Jan–Jun) 2.4262
H2 Avg (Jul–Dec) 2.4000

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0680 BAM (High: 2.4681 / Low: 2.4001). On the other end, April was the most stable month, with a tight range of 0.0305 BAM (High: 2.4202 / Low: 2.3898).

March Spread (Volatile) ±0.0680
April Spread (Stable) ±0.0305

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 October and November, when the average rate fell by 0.0376 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0376

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 2.4419) against the same month in 2022 (average: 2.4244), the exchange rate shifted by +0.0175 (+0.72%).

2023 Avg (January) 2.4419
2022 Avg (January) 2.4244

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.4851 2.4212 2.4419
February 2.4610 2.4022 2.4452
March 2.4681 2.4001 2.4380
April 2.4202 2.3898 2.4055
May 2.4368 2.3837 2.4180
June 2.4402 2.3804 2.4089
July 2.4027 2.3398 2.3768
August 2.4077 2.3710 2.3925
September 2.4386 2.3924 2.4177
October 2.4549 2.4051 2.4303
November 2.4307 2.3695 2.3927
December 2.4146 2.3603 2.3897