YEARLY HIGH
352.0961 KZT
YEARLY LOW
320.2570 KZT
YEARLY AVERAGE
339.9844 KZT

2023 BND to KZT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BND to KZT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 352.0961. Conversely, the yearly low was recorded on March 5, dropping to 320.2570.

This high-to-low spread represents a total annual volatility of 31.8391 KZT. From a start-to-finish perspective, comparing the January average rate of 348.6100 to the December average rate of 344.6447, the exchange rate registered a net change of -1.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 352.0961 was down 8.83% compared to the 2022 peak of 386.2131, 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 1,760,481 KZT
2022 Average 1,674,396 KZT
Yearly Trough Low 1,601,285 KZT
Transaction Impact: A difference of 159,195.34 KZT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

350.1505
331.6644
JanuMarcMayJulySeptNove

BND to KZT 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 338.4248, compared to 341.5440 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.1192 points.

H1 Avg (Jan–Jun) 338.4248
H2 Avg (Jul–Dec) 341.5440

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 29.9195 KZT (High: 350.1765 / Low: 320.2570). On the other end, November was the most stable month, with a tight range of 4.6940 KZT (High: 345.4656 / Low: 340.7717).

March Spread (Volatile) ±29.9195
November Spread (Stable) ±4.6940

Growth Streaks & Declines

Trends

Between May and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 9.5747 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -9.5747

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 348.6100) against the same month in 2022 (average: 322.3834), the exchange rate shifted by +26.2266 (+8.14%).

2023 Avg (January) 348.6100
2022 Avg (January) 322.3834

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 352.0961 343.8481 348.6100
February 351.1685 330.0082 339.0354
March 350.1765 320.2570 336.8464
April 342.7281 333.0131 339.4927
May 337.9452 328.1329 333.2049
June 337.2495 329.5982 333.3597
July 337.1599 328.4769 333.5472
August 343.0075 330.8587 335.5329
September 350.7510 338.2752 343.9583
October 350.7510 343.2935 348.0820
November 345.4656 340.7717 343.4991
December 346.9046 340.9925 344.6447