YEARLY HIGH
689.0126 KPW
YEARLY LOW
654.3294 KPW
YEARLY AVERAGE
670.4682 KPW

2023 BND to KPW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BND to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 689.0126. Conversely, the yearly low was recorded on October 3, dropping to 654.3294.

This high-to-low spread represents a total annual volatility of 34.6832 KPW. From a start-to-finish perspective, comparing the January average rate of 678.2956 to the December average rate of 675.5386, the exchange rate registered a net change of -0.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 689.0126 was up 2.71% compared to the 2022 peak of 670.8393, 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 3,445,063 KPW
2022 Average 3,264,797 KPW
Yearly Trough Low 3,271,647 KPW
Transaction Impact: A difference of 173,416.08 KPW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

680.3692
655.4852
JanuMarcMayJulySeptNove

BND to KPW 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 673.9163, compared to 667.0201 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 6.8962 points.

H1 Avg (Jan–Jun) 673.9163
H2 Avg (Jul–Dec) 667.0201

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 21.8859 KPW (High: 689.0126 / Low: 667.1267). On the other end, October was the most stable month, with a tight range of 7.2242 KPW (High: 661.5536 / Low: 654.3294).

February Spread (Volatile) ±21.8859
October Spread (Stable) ±7.2242

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 8.0334 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -8.0334

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 675.7805) against the same month in 2022 (average: 668.4580), the exchange rate shifted by +7.3225 (+1.10%).

2023 Avg (February) 675.7805
2022 Avg (February) 668.4580

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 685.8549 667.0758 678.2956
February 689.0126 667.1267 675.7805
March 679.6336 664.6265 671.7813
April 682.1086 673.0326 676.6138
May 679.5274 664.3601 672.2327
June 673.9387 662.7481 668.7940
July 683.2458 662.7481 674.4559
August 674.8164 662.4720 666.4225
September 666.5255 655.8686 660.6373
October 661.5536 654.3294 657.5588
November 675.8116 656.6898 667.5076
December 682.0946 669.6254 675.5386