YEARLY HIGH
0.1468 BMD
YEARLY LOW
0.1434 BMD
YEARLY AVERAGE
0.1448 BMD

2023 BOB to BMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BOB to BMD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.1468. Conversely, the yearly low was recorded on February 5, dropping to 0.1434.

This high-to-low spread represents a total annual volatility of 0.0034 BMD. From a start-to-finish perspective, comparing the January average rate of 0.1447 to the December average rate of 0.1446, 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 0.1468 was up 0.16% compared to the 2022 peak of 0.1465, 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 734 BMD
2022 Average 725 BMD
Yearly Trough Low 717 BMD
Transaction Impact: A difference of 16.95 BMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1450
0.1445
JanuMarcMayJulySeptNove

BOB to BMD 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 0.1448, compared to 0.1448 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) 0.1448
H2 Avg (Jul–Dec) 0.1448

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0025 BMD (High: 0.1468 / Low: 0.1443). On the other end, January was the most stable month, with a tight range of 0.0006 BMD (High: 0.1452 / Low: 0.1446).

March Spread (Volatile) ±0.0025
January Spread (Stable) ±0.0006

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 0.0003 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.1449) against the same month in 2022 (average: 0.1454), the exchange rate shifted by -0.0005 (-0.31%).

2023 Avg (March) 0.1449
2022 Avg (March) 0.1454

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1452 0.1446 0.1447
February 0.1455 0.1434 0.1447
March 0.1468 0.1443 0.1449
April 0.1457 0.1441 0.1447
May 0.1452 0.1444 0.1448
June 0.1456 0.1442 0.1447
July 0.1461 0.1441 0.1449
August 0.1457 0.1442 0.1447
September 0.1452 0.1444 0.1448
October 0.1454 0.1444 0.1448
November 0.1459 0.1446 0.1449
December 0.1448 0.1439 0.1446