2023 BND to XCD Historical Review

YEARLY HIGH

2.0690 XCD

YEARLY LOW

1.9648 XCD

YEARLY AVERAGE

2.0133 XCD

2023 BND to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BND to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 2.0690. Conversely, the yearly low was recorded on October 3, dropping to 1.9648.

This high-to-low spread represents a total annual volatility of 0.1041 XCD. From a start-to-finish perspective, comparing the January average rate of 2.0368 to the December average rate of 2.0285, 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 2.0690 was up 2.71% compared to the 2022 peak of 2.0144, 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 10,345 XCD

2022 Average 9,804 XCD

Yearly Trough Low 9,824 XCD

Transaction Impact: A difference of 520.74 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.0430

1.9683

JanuMarcMayJulySeptNove

BND to XCD 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 2.0237, compared to 2.0030 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0207 points.

H1 Avg (Jan–Jun) 2.0237

H2 Avg (Jul–Dec) 2.0030

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0657 XCD (High: 2.0690 / Low: 2.0033). On the other end, October was the most stable month, with a tight range of 0.0217 XCD (High: 1.9865 / Low: 1.9648).

February Spread (Volatile) ±0.0657

October Spread (Stable) ±0.0217

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 0.0241 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0241

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 2.0293) against the same month in 2022 (average: 2.0073), the exchange rate shifted by +0.0220 (+1.10%).

2023 Avg (February) 2.0293

2022 Avg (February) 2.0073

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0595	2.0031	2.0368
February	2.0690	2.0033	2.0293
March	2.0408	1.9958	2.0172
April	2.0483	2.0210	2.0318
May	2.0405	1.9950	2.0186
June	2.0237	1.9901	2.0083
July	2.0517	1.9901	2.0253
August	2.0264	1.9893	2.0012
September	2.0015	1.9695	1.9838
October	1.9865	1.9648	1.9745
November	2.0293	1.9719	2.0044
December	2.0482	2.0108	2.0285