YEARLY HIGH
89.8416 DJF
YEARLY LOW
87.7789 DJF
YEARLY AVERAGE
88.9175 DJF

2023 BBD to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BBD to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 89.8416. Conversely, the yearly low was recorded on March 18, dropping to 87.7789.

This high-to-low spread represents a total annual volatility of 2.0628 DJF. From a start-to-finish perspective, comparing the January average rate of 88.8741 to the December average rate of 89.0480, the exchange rate registered a net change of 0.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 89.8416 was down 0.01% compared to the 2022 peak of 89.8517, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 449,208 DJF
2022 Average 445,038 DJF
Yearly Trough Low 438,894 DJF
Transaction Impact: A difference of 10,313.94 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

89.0713
88.7916
JanuMarcMayJulySeptNove

BBD to DJF 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 88.9033, compared to 88.9318 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0285 points.

H1 Avg (Jan–Jun) 88.9033
H2 Avg (Jul–Dec) 88.9318

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 1.6124 DJF (High: 89.8416 / Low: 88.2293). On the other end, January was the most stable month, with a tight range of 0.4248 DJF (High: 89.0560 / Low: 88.6312).

February Spread (Volatile) ±1.6124
January Spread (Stable) ±0.4248

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.1659 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1659

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 88.9924) against the same month in 2022 (average: 88.9584), the exchange rate shifted by +0.0340 (+0.04%).

2023 Avg (February) 88.9924
2022 Avg (February) 88.9584

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 89.0560 88.6312 88.8741
February 89.8416 88.2293 88.9924
March 89.0812 87.7789 88.8264
April 89.0862 87.8532 88.8149
May 89.2037 88.7472 88.9259
June 89.3628 88.4733 88.9860
July 89.0000 88.2910 88.8333
August 89.5000 88.3644 88.9530
September 89.5000 88.7104 89.0076
October 89.2500 88.6300 88.9297
November 89.2500 88.2953 88.8191
December 89.5046 88.7500 89.0480