YEARLY HIGH
1.5430 BZD
YEARLY LOW
1.4660 BZD
YEARLY AVERAGE
1.5008 BZD

2023 BND to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BND to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 1.5430. Conversely, the yearly low was recorded on October 3, dropping to 1.4660.

This high-to-low spread represents a total annual volatility of 0.0771 BZD. From a start-to-finish perspective, comparing the January average rate of 1.5192 to the December average rate of 1.5146, the exchange rate registered a net change of -0.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.5430 was up 2.70% compared to the 2022 peak of 1.5025, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,715 BZD
2022 Average 7,312 BZD
Yearly Trough Low 7,330 BZD
Transaction Impact: A difference of 385.27 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.5239
1.4669
JanuMarcMayJulySeptNove

BND to BZD 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 1.5083, compared to 1.4933 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0150 points.

H1 Avg (Jan–Jun) 1.5083
H2 Avg (Jul–Dec) 1.4933

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0489 BZD (High: 1.5430 / Low: 1.4941). On the other end, April was the most stable month, with a tight range of 0.0135 BZD (High: 1.5210 / Low: 1.5076).

February Spread (Volatile) ±0.0489
April Spread (Stable) ±0.0135

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0162 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0162

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 1.5137) against the same month in 2022 (average: 1.4969), the exchange rate shifted by +0.0168 (+1.12%).

2023 Avg (February) 1.5137
2022 Avg (February) 1.4969

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.5366 1.4953 1.5192
February 1.5430 1.4941 1.5137
March 1.5172 1.4850 1.5008
April 1.5210 1.5076 1.5138
May 1.5219 1.4873 1.5048
June 1.5081 1.4844 1.4976
July 1.5264 1.4844 1.5088
August 1.5118 1.4835 1.4926
September 1.4929 1.4705 1.4793
October 1.4798 1.4660 1.4717
November 1.5132 1.4701 1.4932
December 1.5312 1.5003 1.5146