YEARLY HIGH
2.4529 LYD
YEARLY LOW
2.3529 LYD
YEARLY AVERAGE
2.4047 LYD

2023 BBD to LYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BBD to LYD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 4, valuing the pair at 2.4529. Conversely, the yearly low was recorded on April 16, dropping to 2.3529.

This high-to-low spread represents a total annual volatility of 0.1000 LYD. From a start-to-finish perspective, comparing the January average rate of 2.3907 to the December average rate of 2.4039, the exchange rate registered a net change of 0.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.4529 was down 3.17% compared to the 2022 peak of 2.5331, 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 12,265 LYD
2022 Average 12,013 LYD
Yearly Trough Low 11,764 LYD
Transaction Impact: A difference of 500.25 LYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.4520
2.3741
JanuMarcMayJulySeptNove

BBD to LYD 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 2.3949, compared to 2.4145 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0196 points.

H1 Avg (Jan–Jun) 2.3949
H2 Avg (Jul–Dec) 2.4145

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0584 LYD (High: 2.4239 / Low: 2.3655). On the other end, October was the most stable month, with a tight range of 0.0152 LYD (High: 2.4529 / Low: 2.4377).

February Spread (Volatile) ±0.0584
October Spread (Stable) ±0.0152

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 October and November, when the average rate fell by 0.0227 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0227

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 2.4455) against the same month in 2022 (average: 2.5088), the exchange rate shifted by -0.0633 (-2.52%).

2023 Avg (October) 2.4455
2022 Avg (October) 2.5088

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.4142 2.3754 2.3907
February 2.4239 2.3655 2.3972
March 2.4276 2.3774 2.4027
April 2.3910 2.3529 2.3806
May 2.4156 2.3720 2.3910
June 2.4239 2.3834 2.4072
July 2.4100 2.3665 2.3846
August 2.4186 2.3829 2.4044
September 2.4493 2.4077 2.4259
October 2.4529 2.4377 2.4455
November 2.4475 2.3976 2.4228
December 2.4209 2.3825 2.4039