2023 BBD to JPY Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 BBD to JPY Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the BBD to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 75.8249. Conversely, the yearly low was recorded on January 14, dropping to 63.9475.
This high-to-low spread represents a total annual volatility of 11.8774 JPY. From a start-to-finish perspective, comparing the January average rate of 65.0886 to the December average rate of 71.8353, the exchange rate registered a net change of 10.37% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 75.8249 was up 0.98% compared to the 2022 peak of 75.0870, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BBD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
BBD to JPY Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 67.4250, compared to 73.0675 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.6424 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was February, with a trading range of 3.9391 JPY (High: 68.2425 / Low: 64.3034). On the other end, October was the most stable month, with a tight range of 1.4940 JPY (High: 75.6615 / Low: 74.1675).
Growth Streaks & Declines
TrendsBetween July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 3.0674 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2023: 74.9027) against the same month in 2022 (average: 70.9127), the exchange rate shifted by +3.9900 (+5.63%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 66.6611 | 63.9475 | 65.0886 |
| February | 68.2425 | 64.3034 | 66.6002 |
| March | 68.6945 | 65.3750 | 66.7966 |
| April | 68.2032 | 65.4688 | 66.7804 |
| May | 70.4429 | 67.0477 | 68.6191 |
| June | 72.3982 | 69.3724 | 70.6654 |
| July | 72.3011 | 69.0330 | 70.5831 |
| August | 73.2740 | 70.8775 | 72.4007 |
| September | 74.7476 | 73.1020 | 73.9049 |
| October | 75.6615 | 74.1675 | 74.7782 |
| November | 75.8249 | 73.5290 | 74.9027 |
| December | 73.6537 | 70.5125 | 71.8353 |