YEARLY HIGH
0.3821 XDR
YEARLY LOW
0.3652 XDR
YEARLY AVERAGE
0.3746 XDR

2023 BBD to XDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BBD to XDR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 0.3821. Conversely, the yearly low was recorded on April 30, dropping to 0.3652.

This high-to-low spread represents a total annual volatility of 0.0169 XDR. From a start-to-finish perspective, comparing the January average rate of 0.3722 to the December average rate of 0.3749, the exchange rate registered a net change of 0.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3821 was down 3.20% compared to the 2022 peak of 0.3948, 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 1,911 XDR
2022 Average 1,824 XDR
Yearly Trough Low 1,826 XDR
Transaction Impact: A difference of 84.63 XDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3818
0.3694
JanuMarcMayJulySeptNove

BBD to XDR 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 0.3729, compared to 0.3764 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0036 points.

H1 Avg (Jan–Jun) 0.3729
H2 Avg (Jul–Dec) 0.3764

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0086 XDR (High: 0.3769 / Low: 0.3684). On the other end, October was the most stable month, with a tight range of 0.0036 XDR (High: 0.3821 / Low: 0.3785).

February Spread (Volatile) ±0.0086
October Spread (Stable) ±0.0036

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 0.0043 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0043

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.3782) against the same month in 2022 (average: 0.3651), the exchange rate shifted by +0.0131 (+3.59%).

2023 Avg (September) 0.3782
2022 Avg (September) 0.3651

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3769 0.3698 0.3722
February 0.3769 0.3684 0.3733
March 0.3772 0.3715 0.3747
April 0.3722 0.3652 0.3704
May 0.3754 0.3693 0.3719
June 0.3769 0.3706 0.3746
July 0.3761 0.3689 0.3721
August 0.3771 0.3696 0.3745
September 0.3821 0.3755 0.3782
October 0.3821 0.3785 0.3807
November 0.3814 0.3743 0.3782
December 0.3786 0.3725 0.3749