YEARLY HIGH
7701.7112 LBP
YEARLY LOW
753.4685 LBP
YEARLY AVERAGE
6867.6356 LBP

2023 BBD to LBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BBD to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 7701.7112. Conversely, the yearly low was recorded on January 14, dropping to 753.4685.

This high-to-low spread represents a total annual volatility of 6948.2428 LBP. From a start-to-finish perspective, comparing the January average rate of 757.9445 to the December average rate of 7525.1689, the exchange rate registered a net change of 892.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 7701.7112 was up 886.88% compared to the 2022 peak of 780.4117, 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 38,508,556 LBP
2022 Average 3,789,106 LBP
Yearly Trough Low 3,767,342 LBP
Transaction Impact: A difference of 34,741,213.88 LBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

8241.5290
77.6187
JanuMarcMayJulySeptNove

BBD to LBP 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 6214.1090, compared to 7521.1623 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1307.0533 points.

H1 Avg (Jan–Jun) 6214.1090
H2 Avg (Jul–Dec) 7521.1623

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 6947.3934 LBP (High: 7701.7112 / Low: 754.3178). On the other end, January was the most stable month, with a tight range of 9.8016 LBP (High: 763.2701 / Low: 753.4685).

February Spread (Volatile) ±6947.3934
January Spread (Stable) ±9.8016

Growth Streaks & Declines

Trends

Between January and April, 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 June and July, when the average rate fell by 28.3095 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -28.3095

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 6337.3436) against the same month in 2022 (average: 757.0755), the exchange rate shifted by +5580.2681 (+737.08%).

2023 Avg (February) 6337.3436
2022 Avg (February) 757.0755

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 763.2701 753.4685 757.9445
February 7701.7112 754.3178 6337.3436
March 7625.0000 7399.9272 7537.5724
April 7628.7500 7442.0312 7547.9007
May 7635.0000 7481.7038 7542.6895
June 7632.5000 7492.5099 7561.2031
July 7632.5000 7456.7577 7532.8937
August 7631.2500 7500.7496 7529.6192
September 7592.3478 7493.9328 7526.7011
October 7541.3011 7481.6749 7510.0943
November 7520.1613 7453.3264 7502.4965
December 7555.4296 7511.8346 7525.1689