YEARLY HIGH
15403.4225 LBP
YEARLY LOW
1506.9369 LBP
YEARLY AVERAGE
13735.2713 LBP

2023 BMD to LBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BMD to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 15403.4225. Conversely, the yearly low was recorded on January 14, dropping to 1506.9369.

This high-to-low spread represents a total annual volatility of 13896.4855 LBP. From a start-to-finish perspective, comparing the January average rate of 1515.8891 to the December average rate of 15050.3379, 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 15403.4225 was up 886.88% compared to the 2022 peak of 1560.8235, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BMD based on timing:

Yearly Peak High 77,017,112 LBP
2022 Average 7,578,212 LBP
Yearly Trough Low 7,534,685 LBP
Transaction Impact: A difference of 69,482,427.75 LBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

16483.0580
155.2373
JanuMarcMayJulySeptNove

BMD 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 12428.2180, compared to 15042.3246 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2614.1066 points.

H1 Avg (Jan–Jun) 12428.2180
H2 Avg (Jul–Dec) 15042.3246

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 13894.7868 LBP (High: 15403.4225 / Low: 1508.6357). On the other end, January was the most stable month, with a tight range of 19.6033 LBP (High: 1526.5402 / Low: 1506.9369).

February Spread (Volatile) ±13894.7868
January Spread (Stable) ±19.6033

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 56.6189 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -56.6189

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 12674.6873) against the same month in 2022 (average: 1514.1510), the exchange rate shifted by +11160.5363 (+737.08%).

2023 Avg (February) 12674.6873
2022 Avg (February) 1514.1510

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1526.5402 1506.9369 1515.8891
February 15403.4225 1508.6357 12674.6873
March 15250.0000 14799.8544 15075.1449
April 15257.5000 14884.0624 15095.8015
May 15270.0000 14963.4075 15085.3789
June 15265.0000 14985.0199 15122.4063
July 15265.0000 14913.5154 15065.7873
August 15262.5000 15001.4993 15059.2385
September 15184.6957 14987.8656 15053.4022
October 15082.6021 14963.3498 15020.1885
November 15040.3225 14906.6529 15004.9931
December 15110.8593 15023.6692 15050.3379