2023 BOB to CAD Historical Review

YEARLY HIGH

0.2021 CAD

YEARLY LOW

0.1898 CAD

YEARLY AVERAGE

0.1954 CAD

2023 BOB to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BOB to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.2021. Conversely, the yearly low was recorded on July 13, dropping to 0.1898.

This high-to-low spread represents a total annual volatility of 0.0123 CAD. From a start-to-finish perspective, comparing the January average rate of 0.1942 to the December average rate of 0.1939, the exchange rate registered a net change of -0.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2021 was up 0.66% compared to the 2022 peak of 0.2008, 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 1,011 CAD

2022 Average 944 CAD

Yearly Trough Low 949 CAD

Transaction Impact: A difference of 61.56 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1993

0.1910

JanuMarcMayJulySeptNove

BOB to CAD 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 0.1952, compared to 0.1957 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.1952

H2 Avg (Jul–Dec) 0.1957

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0065 CAD (High: 0.2021 / Low: 0.1957). On the other end, September was the most stable month, with a tight range of 0.0035 CAD (High: 0.1981 / Low: 0.1945).

March Spread (Volatile) ±0.0065

September Spread (Stable) ±0.0035

Growth Streaks & Declines

Trends

Between July and November, 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 November and December, when the average rate fell by 0.0047 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0047

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.1986) against the same month in 2022 (average: 0.1839), the exchange rate shifted by +0.0147 (+7.97%).

2023 Avg (March) 0.1986

2022 Avg (March) 0.1839

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1979	0.1925	0.1942
February	0.1975	0.1921	0.1947
March	0.2021	0.1957	0.1986
April	0.1980	0.1931	0.1957
May	0.1983	0.1934	0.1959
June	0.1950	0.1902	0.1923
July	0.1937	0.1898	0.1916
August	0.1970	0.1920	0.1952
September	0.1981	0.1945	0.1961
October	0.2013	0.1960	0.1986
November	0.2004	0.1962	0.1986
December	0.1967	0.1905	0.1939