2023 BOB to GBP Historical Review

YEARLY HIGH

0.1224 GBP

YEARLY LOW

0.1103 GBP

YEARLY AVERAGE

0.1165 GBP

2023 BOB to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BOB to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 0.1224. Conversely, the yearly low was recorded on July 13, dropping to 0.1103.

This high-to-low spread represents a total annual volatility of 0.0121 GBP. From a start-to-finish perspective, comparing the January average rate of 0.1182 to the December average rate of 0.1141, the exchange rate registered a net change of -3.45% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1224 was down 9.28% compared to the 2022 peak of 0.1349, 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 612 GBP

2022 Average 589 GBP

Yearly Trough Low 551 GBP

Transaction Impact: A difference of 60.62 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1207

0.1117

JanuMarcMayJulySeptNove

BOB to GBP 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 0.1174, compared to 0.1155 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.1174

H2 Avg (Jul–Dec) 0.1155

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0056 GBP (High: 0.1224 / Low: 0.1168). On the other end, August was the most stable month, with a tight range of 0.0020 GBP (High: 0.1151 / Low: 0.1131).

March Spread (Volatile) ±0.0056

August Spread (Stable) ±0.0020

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 0.0031 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.1194) against the same month in 2022 (average: 0.1104), the exchange rate shifted by +0.0090 (+8.12%).

2023 Avg (March) 0.1194

2022 Avg (March) 0.1104

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1214	0.1165	0.1182
February	0.1212	0.1168	0.1199
March	0.1224	0.1168	0.1194
April	0.1180	0.1151	0.1163
May	0.1175	0.1145	0.1160
June	0.1166	0.1127	0.1145
July	0.1147	0.1103	0.1125
August	0.1151	0.1131	0.1139
September	0.1191	0.1146	0.1169
October	0.1198	0.1175	0.1190
November	0.1189	0.1139	0.1166
December	0.1153	0.1131	0.1141