YEARLY HIGH
67.5162 KGS
YEARLY LOW
62.3147 KGS
YEARLY AVERAGE
65.4355 KGS

2023 BND to KGS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BND to KGS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 67.5162. Conversely, the yearly low was recorded on January 8, dropping to 62.3147.

This high-to-low spread represents a total annual volatility of 5.2015 KGS. From a start-to-finish perspective, comparing the January average rate of 64.5050 to the December average rate of 66.9026, the exchange rate registered a net change of 3.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 67.5162 was down 11.12% compared to the 2022 peak of 75.9615, 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 337,581 KGS
2022 Average 305,842 KGS
Yearly Trough Low 311,573 KGS
Transaction Impact: A difference of 26,007.74 KGS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

67.1423
64.2653
JanuMarcMayJulySeptNove

BND to KGS 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 65.1908, compared to 65.6803 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4895 points.

H1 Avg (Jan–Jun) 65.1908
H2 Avg (Jul–Dec) 65.6803

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 3.3369 KGS (High: 65.6516 / Low: 62.3147). On the other end, September was the most stable month, with a tight range of 0.7157 KGS (High: 65.3625 / Low: 64.6468).

January Spread (Volatile) ±3.3369
September Spread (Stable) ±0.7157

Growth Streaks & Declines

Trends

Between September and December, 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 July and August, when the average rate fell by 0.5172 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.5172

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 66.9026) against the same month in 2022 (average: 62.9861), the exchange rate shifted by +3.9165 (+6.22%).

2023 Avg (December) 66.9026
2022 Avg (December) 62.9861

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 65.6516 62.3147 64.5050
February 66.0079 64.7980 65.2980
March 66.0151 64.5574 65.2522
April 66.3313 65.4487 65.7665
May 66.0803 64.6570 65.3337
June 65.5892 64.2140 64.9893
July 66.7076 64.2140 65.7356
August 65.8575 64.9012 65.2184
September 65.3625 64.6468 64.9939
October 65.4457 64.4951 65.1032
November 66.8582 65.1728 66.1279
December 67.5162 66.3881 66.9026