2023 BND to EUR Historical Review

YEARLY HIGH

0.7092 EUR

YEARLY LOW

0.6707 EUR

YEARLY AVERAGE

0.6884 EUR

2023 BND to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BND to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.7092. Conversely, the yearly low was recorded on July 12, dropping to 0.6707.

This high-to-low spread represents a total annual volatility of 0.0385 EUR. From a start-to-finish perspective, comparing the January average rate of 0.6986 to the December average rate of 0.6872, the exchange rate registered a net change of -1.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.7092 was down 2.29% compared to the 2022 peak of 0.7258, 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 3,546 EUR

2022 Average 3,447 EUR

Yearly Trough Low 3,354 EUR

Transaction Impact: A difference of 192.26 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7040

0.6753

JanuMarcMayJulySeptNove

BND to EUR 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 0.6921, compared to 0.6847 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0075 points.

H1 Avg (Jan–Jun) 0.6921

H2 Avg (Jul–Dec) 0.6847

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0250 EUR (High: 0.6972 / Low: 0.6722). On the other end, August was the most stable month, with a tight range of 0.0097 EUR (High: 0.6845 / Low: 0.6748).

April Spread (Volatile) ±0.0250

August Spread (Stable) ±0.0097

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 0.0125 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0125

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.6986) against the same month in 2022 (average: 0.6541), the exchange rate shifted by +0.0445 (+6.81%).

2023 Avg (January) 0.6986

2022 Avg (January) 0.6541

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7092	0.6926	0.6986
February	0.7061	0.6917	0.7016
March	0.7070	0.6897	0.6966
April	0.6972	0.6722	0.6842
May	0.6928	0.6735	0.6865
June	0.6940	0.6746	0.6853
July	0.6859	0.6707	0.6777
August	0.6845	0.6748	0.6787
September	0.6937	0.6825	0.6874
October	0.6966	0.6830	0.6915
November	0.6918	0.6757	0.6854
December	0.6932	0.6809	0.6872