YEARLY HIGH
0.2935 BBD
YEARLY LOW
0.2868 BBD
YEARLY AVERAGE
0.2895 BBD

2023 BOB to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BOB to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.2935. Conversely, the yearly low was recorded on February 5, dropping to 0.2868.

This high-to-low spread represents a total annual volatility of 0.0068 BBD. From a start-to-finish perspective, comparing the January average rate of 0.2894 to the December average rate of 0.2891, the exchange rate registered a net change of -0.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2935 was up 0.16% compared to the 2022 peak of 0.2931, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BOB based on timing:

Yearly Peak High 1,468 BBD
2022 Average 1,451 BBD
Yearly Trough Low 1,434 BBD
Transaction Impact: A difference of 33.89 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2899
0.2890
JanuMarcMayJulySeptNove

BOB to BBD 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 0.2895, compared to 0.2895 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.2895
H2 Avg (Jul–Dec) 0.2895

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0050 BBD (High: 0.2935 / Low: 0.2886). On the other end, January was the most stable month, with a tight range of 0.0012 BBD (High: 0.2904 / Low: 0.2892).

March Spread (Volatile) ±0.0050
January Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0007 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.2898) against the same month in 2022 (average: 0.2908), the exchange rate shifted by -0.0009 (-0.31%).

2023 Avg (March) 0.2898
2022 Avg (March) 0.2908

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2904 0.2892 0.2894
February 0.2911 0.2868 0.2894
March 0.2935 0.2886 0.2898
April 0.2914 0.2881 0.2895
May 0.2903 0.2889 0.2896
June 0.2912 0.2883 0.2895
July 0.2922 0.2882 0.2897
August 0.2915 0.2883 0.2894
September 0.2905 0.2888 0.2895
October 0.2907 0.2888 0.2896
November 0.2918 0.2892 0.2898
December 0.2897 0.2879 0.2891