YEARLY HIGH
6.3871 SBD
YEARLY LOW
6.0813 SBD
YEARLY AVERAGE
6.2166 SBD

2023 BND to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BND to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 6.3871. Conversely, the yearly low was recorded on March 15, dropping to 6.0813.

This high-to-low spread represents a total annual volatility of 0.3058 SBD. From a start-to-finish perspective, comparing the January average rate of 6.2286 to the December average rate of 6.3481, the exchange rate registered a net change of 1.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 6.3871 was up 3.81% compared to the 2022 peak of 6.1527, 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 31,935 SBD
2022 Average 29,519 SBD
Yearly Trough Low 30,406 SBD
Transaction Impact: A difference of 1,528.91 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

6.3687
6.1221
JanuMarcMayJulySeptNove

BND to SBD 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 6.2002, compared to 6.2331 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0329 points.

H1 Avg (Jan–Jun) 6.2002
H2 Avg (Jul–Dec) 6.2331

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.2212 SBD (High: 6.3640 / Low: 6.1429). On the other end, December was the most stable month, with a tight range of 0.0967 SBD (High: 6.3871 / Low: 6.2903).

November Spread (Volatile) ±0.2212
December Spread (Stable) ±0.0967

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 0.0723 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0723

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 6.3481) against the same month in 2022 (average: 6.0843), the exchange rate shifted by +0.2638 (+4.34%).

2023 Avg (December) 6.3481
2022 Avg (December) 6.0843

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6.2935 6.1258 6.2286
February 6.2807 6.1025 6.1822
March 6.2199 6.0813 6.1427
April 6.3171 6.1812 6.2341
May 6.2815 6.1521 6.2193
June 6.2409 6.1347 6.1943
July 6.3533 6.1347 6.2691
August 6.2749 6.1544 6.1968
September 6.2048 6.0992 6.1658
October 6.2298 6.1177 6.1615
November 6.3640 6.1429 6.2574
December 6.3871 6.2903 6.3481