YEARLY HIGH
0.5667 XDR
YEARLY LOW
0.5500 XDR
YEARLY AVERAGE
0.5582 XDR

2023 BND to XDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BND to XDR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 0.5667. Conversely, the yearly low was recorded on May 20, dropping to 0.5500.

This high-to-low spread represents a total annual volatility of 0.0167 XDR. From a start-to-finish perspective, comparing the January average rate of 0.5610 to the December average rate of 0.5628, the exchange rate registered a net change of 0.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5667 was up 0.93% compared to the 2022 peak of 0.5615, 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 2,833 XDR
2022 Average 2,646 XDR
Yearly Trough Low 2,750 XDR
Transaction Impact: A difference of 83.60 XDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5636
0.5538
JanuMarcMayJulySeptNove

BND to XDR 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 0.5584, compared to 0.5579 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.5584
H2 Avg (Jul–Dec) 0.5579

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0118 XDR (High: 0.5641 / Low: 0.5523). On the other end, August was the most stable month, with a tight range of 0.0066 XDR (High: 0.5584 / Low: 0.5518).

July Spread (Volatile) ±0.0118
August Spread (Stable) ±0.0066

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0030 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.5628) against the same month in 2022 (average: 0.5571), the exchange rate shifted by +0.0058 (+1.04%).

2023 Avg (December) 0.5628
2022 Avg (December) 0.5571

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5656 0.5563 0.5610
February 0.5664 0.5576 0.5606
March 0.5648 0.5550 0.5594
April 0.5606 0.5536 0.5570
May 0.5586 0.5500 0.5555
June 0.5611 0.5513 0.5568
July 0.5641 0.5523 0.5577
August 0.5584 0.5518 0.5546
September 0.5599 0.5508 0.5552
October 0.5599 0.5532 0.5563
November 0.5641 0.5566 0.5609
December 0.5667 0.5597 0.5628