YEARLY HIGH
142.8420 LRD
YEARLY LOW
114.1975 LRD
YEARLY AVERAGE
130.0251 LRD

2023 BND to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BND to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 142.8420. Conversely, the yearly low was recorded on February 24, dropping to 114.1975.

This high-to-low spread represents a total annual volatility of 28.6445 LRD. From a start-to-finish perspective, comparing the January average rate of 117.1054 to the December average rate of 141.2856, the exchange rate registered a net change of 20.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 142.8420 was up 24.42% compared to the 2022 peak of 114.8020, 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 714,210 LRD
2022 Average 554,506 LRD
Yearly Trough Low 570,988 LRD
Transaction Impact: A difference of 143,222.29 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

143.7036
114.6874
JanuMarcMayJulySeptNove

BND to LRD 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 121.7922, compared to 138.2580 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 16.4658 points.

H1 Avg (Jan–Jun) 121.7922
H2 Avg (Jul–Dec) 138.2580

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 7.9740 LRD (High: 133.1619 / Low: 125.1879). On the other end, October was the most stable month, with a tight range of 1.5951 LRD (High: 137.3322 / Low: 135.7370).

June Spread (Volatile) ±7.9740
October Spread (Stable) ±1.5951

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 1.1716 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -1.1716

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 141.2856) against the same month in 2022 (average: 114.0629), the exchange rate shifted by +27.2227 (+23.87%).

2023 Avg (December) 141.2856
2022 Avg (December) 114.0629

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 119.4531 114.5517 117.1054
February 120.1561 114.1975 117.4850
March 122.2508 115.1865 119.0414
April 125.2427 121.8669 122.6312
May 125.5791 123.9584 124.7202
June 133.1619 125.1879 129.7699
July 140.2178 132.6233 137.6856
August 139.9869 136.9109 137.9576
September 137.7464 136.0199 136.7860
October 137.3322 135.7370 136.5407
November 141.2071 136.8103 139.2926
December 142.8420 139.9889 141.2856