2023 BND to SLL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 BND to SLL Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the BND to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 15892.4261. Conversely, the yearly low was recorded on July 1, dropping to 13008.2726.
This high-to-low spread represents a total annual volatility of 2884.1535 SLL. From a start-to-finish perspective, comparing the January average rate of 13313.4348 to the December average rate of 15739.6739, the exchange rate registered a net change of 18.22% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 15892.4261 was up 21.05% compared to the 2022 peak of 13129.3094, 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 SLL 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 13227.4794, compared to 15181.9670 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1954.4876 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was July, with a trading range of 2799.7738 SLL (High: 15808.0464 / Low: 13008.2726). On the other end, October was the most stable month, with a tight range of 168.3195 SLL (High: 15413.8312 / Low: 15245.5117).
Growth Streaks & Declines
TrendsBetween June and August, 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 August and September, when the average rate fell by 134.7916 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 15739.6739) against the same month in 2022 (average: 13066.7672), the exchange rate shifted by +2672.9067 (+20.46%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 13461.8066 | 13093.2157 | 13313.4348 |
| February | 13523.7866 | 13094.2153 | 13264.0694 |
| March | 13339.6967 | 13045.1414 | 13185.5735 |
| April | 13388.2759 | 13210.1335 | 13280.4254 |
| May | 13337.6118 | 13039.9125 | 13194.4335 |
| June | 13227.9193 | 13008.2726 | 13126.9397 |
| July | 15808.0464 | 13008.2726 | 13559.0606 |
| August | 15722.8484 | 15435.2294 | 15527.2732 |
| September | 15529.6730 | 15281.3749 | 15392.4816 |
| October | 15413.8312 | 15245.5117 | 15320.7557 |
| November | 15746.0360 | 15300.5086 | 15552.5571 |
| December | 15892.4261 | 15601.9002 | 15739.6739 |