YEARLY HIGH
0.2920 BZD
YEARLY LOW
0.2879 BZD
YEARLY AVERAGE
0.2917 BZD

2023 BOB to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BOB to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 6, valuing the pair at 0.2920. Conversely, the yearly low was recorded on April 30, dropping to 0.2879.

This high-to-low spread represents a total annual volatility of 0.0041 BZD. From a start-to-finish perspective, comparing the January average rate of 0.2917 to the December average rate of 0.2917, the exchange rate registered a net change of -0.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2920 was down 0.57% compared to the 2022 peak of 0.2936, 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 1,460 BZD
2022 Average 1,462 BZD
Yearly Trough Low 1,439 BZD
Transaction Impact: A difference of 20.39 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2917
0.2914
JanuMarcMayJulySeptNove

BOB to BZD 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 0.2916, compared to 0.2917 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.2916
H2 Avg (Jul–Dec) 0.2917

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0039 BZD (High: 0.2918 / Low: 0.2879). On the other end, February was the most stable month, with a tight range of 0.0000 BZD (High: 0.2917 / Low: 0.2917).

April Spread (Volatile) ±0.0039
February Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between March and June, 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 February and March, 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 (December 2023: 0.2917) against the same month in 2022 (average: 0.2917), the exchange rate shifted by +0.0000 (+0.01%).

2023 Avg (December) 0.2917
2022 Avg (December) 0.2917

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2917 0.2917 0.2917
February 0.2917 0.2917 0.2917
March 0.2917 0.2893 0.2914
April 0.2918 0.2879 0.2915
May 0.2918 0.2911 0.2917
June 0.2917 0.2917 0.2917
July 0.2917 0.2907 0.2916
August 0.2919 0.2917 0.2917
September 0.2918 0.2917 0.2917
October 0.2918 0.2917 0.2917
November 0.2917 0.2917 0.2917
December 0.2920 0.2907 0.2917