2023 BND to KPW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
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.
Comparing the value generated converting 5,000 BND based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |