2023 BOB to EUR Historical Review

YEARLY HIGH

0.1382 EUR

YEARLY LOW

0.1288 EUR

YEARLY AVERAGE

0.1338 EUR

2023 BOB to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BOB to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.1382. Conversely, the yearly low was recorded on July 14, dropping to 0.1288.

This high-to-low spread represents a total annual volatility of 0.0094 EUR. From a start-to-finish perspective, comparing the January average rate of 0.1342 to the December average rate of 0.1323, the exchange rate registered a net change of -1.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1382 was down 8.36% compared to the 2022 peak of 0.1508, 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 691 EUR

2022 Average 690 EUR

Yearly Trough Low 644 EUR

Transaction Impact: A difference of 46.91 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1377

0.1304

JanuMarcMayJulySeptNove

BOB to EUR 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 0.1338, compared to 0.1338 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.1338

H2 Avg (Jul–Dec) 0.1338

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0062 EUR (High: 0.1354 / Low: 0.1291). On the other end, October was the most stable month, with a tight range of 0.0025 EUR (High: 0.1382 / Low: 0.1357).

May Spread (Volatile) ±0.0062

October Spread (Stable) ±0.0025

Growth Streaks & Declines

Trends

Between July and October, 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 March and April, when the average rate fell by 0.0035 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0035

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.1371) against the same month in 2022 (average: 0.1471), the exchange rate shifted by -0.0100 (-6.83%).

2023 Avg (October) 0.1371

2022 Avg (October) 0.1471

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1375	0.1325	0.1342
February	0.1372	0.1314	0.1352
March	0.1374	0.1327	0.1353
April	0.1342	0.1301	0.1317
May	0.1354	0.1291	0.1331
June	0.1353	0.1317	0.1335
July	0.1335	0.1288	0.1310
August	0.1341	0.1312	0.1327
September	0.1376	0.1340	0.1356
October	0.1382	0.1357	0.1371
November	0.1368	0.1316	0.1339
December	0.1343	0.1301	0.1323