2023 BND to LBP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 BND to LBP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the BND to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 11630.3155. Conversely, the yearly low was recorded on January 7, dropping to 1123.4241.
This high-to-low spread represents a total annual volatility of 10506.8915 LBP. From a start-to-finish perspective, comparing the January average rate of 1142.4573 to the December average rate of 11296.7679, the exchange rate registered a net change of 888.81% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 11630.3155 was up 925.42% compared to the 2022 peak of 1134.2019, 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 LBP 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 9290.4553, compared to 11148.4080 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1857.9527 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was February, with a trading range of 10481.0399 LBP (High: 11630.3155 / Low: 1149.2756). On the other end, January was the most stable month, with a tight range of 31.3328 LBP (High: 1154.7568 / Low: 1123.4241).
Growth Streaks & Declines
TrendsBetween January and April, 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 139.1890 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2023: 9493.8284) against the same month in 2022 (average: 1124.6046), the exchange rate shifted by +8369.2238 (+744.19%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1154.7568 | 1123.4241 | 1142.4573 |
| February | 11630.3155 | 1149.2756 | 9493.8284 |
| March | 11413.0675 | 11078.7404 | 11252.1626 |
| April | 11471.7528 | 11230.3351 | 11348.7947 |
| May | 11514.2134 | 11091.4706 | 11267.9142 |
| June | 11419.5171 | 11056.4374 | 11237.5747 |
| July | 11481.2851 | 11056.4374 | 11290.0596 |
| August | 11374.5612 | 11057.9710 | 11150.8706 |
| September | 11162.1806 | 10956.6500 | 11049.8173 |
| October | 11032.2753 | 10920.5966 | 10974.0563 |
| November | 11293.8057 | 10958.5824 | 11128.8763 |
| December | 11400.9681 | 11188.5039 | 11296.7679 |