2023 BND to SYP Historical Review

YEARLY HIGH

1923.5165 SYP

YEARLY LOW

1826.6914 SYP

YEARLY AVERAGE

1871.7461 SYP

2023 BND to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BND to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 1923.5165. Conversely, the yearly low was recorded on October 3, dropping to 1826.6914.

This high-to-low spread represents a total annual volatility of 96.8251 SYP. From a start-to-finish perspective, comparing the January average rate of 1893.5978 to the December average rate of 1885.9011, the exchange rate registered a net change of -0.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1923.5165 was up 2.73% compared to the 2022 peak of 1872.3870, 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 9,617,583 SYP

2022 Average 9,113,839 SYP

Yearly Trough Low 9,133,457 SYP

Transaction Impact: A difference of 484,125.66 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1899.3868

1829.9179

JanuMarcMayJulySeptNove

BND to SYP 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 1881.3721, compared to 1862.1200 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 19.2521 points.

H1 Avg (Jan–Jun) 1881.3721

H2 Avg (Jul–Dec) 1862.1200

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 61.0988 SYP (High: 1923.5165 / Low: 1862.4177). On the other end, October was the most stable month, with a tight range of 20.1678 SYP (High: 1846.8592 / Low: 1826.6914).

February Spread (Volatile) ±61.0988

October Spread (Stable) ±20.1678

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 22.4268 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -22.4268

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 1886.5764) against the same month in 2022 (average: 1865.7405), the exchange rate shifted by +20.8359 (+1.12%).

2023 Avg (February) 1886.5764

2022 Avg (February) 1865.7405

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1914.7010	1862.2755	1893.5978
February	1923.5165	1862.4177	1886.5764
March	1897.3330	1855.4378	1875.4118
April	1904.2426	1878.9050	1888.9028
May	1897.0365	1854.6941	1876.6719
June	1881.4347	1850.1939	1867.0722
July	1907.4172	1850.1939	1882.8784
August	1883.8851	1849.4231	1860.4516
September	1860.7391	1830.9885	1844.3011
October	1846.8592	1826.6914	1835.7070
November	1886.6634	1833.2810	1863.4811
December	1904.2036	1869.3933	1885.9011