2023 BBD to EUR Historical Review

YEARLY HIGH

0.4776 EUR

YEARLY LOW

0.4447 EUR

YEARLY AVERAGE

0.4621 EUR

2023 BBD to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BBD to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.4776. Conversely, the yearly low was recorded on July 14, dropping to 0.4447.

This high-to-low spread represents a total annual volatility of 0.0329 EUR. From a start-to-finish perspective, comparing the January average rate of 0.4635 to the December average rate of 0.4578, the exchange rate registered a net change of -1.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4776 was down 8.35% compared to the 2022 peak of 0.5211, 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 2,388 EUR

2022 Average 2,378 EUR

Yearly Trough Low 2,224 EUR

Transaction Impact: A difference of 164.39 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4753

0.4501

JanuMarcMayJulySeptNove

BBD to EUR 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 0.4622, compared to 0.4620 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.4622

H2 Avg (Jul–Dec) 0.4620

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0215 EUR (High: 0.4675 / Low: 0.4460). On the other end, October was the most stable month, with a tight range of 0.0090 EUR (High: 0.4776 / Low: 0.4686).

May Spread (Volatile) ±0.0215

October Spread (Stable) ±0.0090

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 0.0116 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0116

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.4732) against the same month in 2022 (average: 0.5084), the exchange rate shifted by -0.0352 (-6.92%).

2023 Avg (October) 0.4732

2022 Avg (October) 0.5084

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4753	0.4579	0.4635
February	0.4738	0.4540	0.4672
March	0.4740	0.4585	0.4667
April	0.4628	0.4493	0.4550
May	0.4675	0.4460	0.4596
June	0.4674	0.4549	0.4611
July	0.4606	0.4447	0.4522
August	0.4632	0.4535	0.4583
September	0.4759	0.4633	0.4682
October	0.4776	0.4686	0.4732
November	0.4723	0.4544	0.4621
December	0.4645	0.4501	0.4578