YEARLY HIGH
44.6600 KGS
YEARLY LOW
42.0366 KGS
YEARLY AVERAGE
43.9215 KGS

2023 BBD to KGS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BBD to KGS exchange rate experienced significant fluctuation. The market reached its absolute peak on October 17, valuing the pair at 44.6600. Conversely, the yearly low was recorded on January 8, dropping to 42.0366.

This high-to-low spread represents a total annual volatility of 2.6234 KGS. From a start-to-finish perspective, comparing the January average rate of 42.7920 to the December average rate of 44.5665, the exchange rate registered a net change of 4.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 44.6600 was down 13.19% compared to the 2022 peak of 51.4444, 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 223,300 KGS
2022 Average 210,665 KGS
Yearly Trough Low 210,183 KGS
Transaction Impact: A difference of 13,116.94 KGS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

44.7596
42.6131
JanuMarcMayJulySeptNove

BBD to KGS 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 43.5315, compared to 44.3116 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7802 points.

H1 Avg (Jan–Jun) 43.5315
H2 Avg (Jul–Dec) 44.3116

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 1.0384 KGS (High: 43.0750 / Low: 42.0366). On the other end, March was the most stable month, with a tight range of 0.0020 KGS (High: 43.7100 / Low: 43.7080).

January Spread (Volatile) ±1.0384
March Spread (Stable) ±0.0020

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0143 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0143

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 44.5534) against the same month in 2022 (average: 40.9344), the exchange rate shifted by +3.6190 (+8.84%).

2023 Avg (October) 44.5534
2022 Avg (October) 40.9344

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 43.0750 42.0366 42.7920
February 43.7100 43.0750 43.4835
March 43.7100 43.7080 43.7099
April 43.7600 43.7100 43.7398
May 43.7950 43.6500 43.7354
June 43.7950 43.6007 43.7281
July 43.9350 43.6007 43.8585
August 44.1350 43.8785 44.0391
September 44.3550 44.1273 44.2715
October 44.6600 44.3550 44.5534
November 44.6600 44.3136 44.5807
December 44.6600 44.4328 44.5665