YEARLY HIGH
13.0332 KGS
YEARLY LOW
12.1561 KGS
YEARLY AVERAGE
12.7168 KGS

2023 BOB to KGS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BOB to KGS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 13.0332. Conversely, the yearly low was recorded on January 8, dropping to 12.1561.

This high-to-low spread represents a total annual volatility of 0.8771 KGS. From a start-to-finish perspective, comparing the January average rate of 12.3855 to the December average rate of 12.8846, the exchange rate registered a net change of 4.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 13.0332 was down 13.14% compared to the 2022 peak of 15.0042, 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 65,166 KGS
2022 Average 61,129 KGS
Yearly Trough Low 60,781 KGS
Transaction Impact: A difference of 4,385.33 KGS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

12.9718
12.3321
JanuMarcMayJulySeptNove

BOB to KGS 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 12.6039, compared to 12.8296 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2258 points.

H1 Avg (Jan–Jun) 12.6039
H2 Avg (Jul–Dec) 12.8296

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.3560 KGS (High: 12.7229 / Low: 12.3669). On the other end, May was the most stable month, with a tight range of 0.0770 KGS (High: 12.6997 / Low: 12.6227).

February Spread (Volatile) ±0.3560
May Spread (Stable) ±0.0770

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0339 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0339

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 12.9185) against the same month in 2022 (average: 12.1656), the exchange rate shifted by +0.7530 (+6.19%).

2023 Avg (November) 12.9185
2022 Avg (November) 12.1656

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 12.4707 12.1561 12.3855
February 12.7229 12.3669 12.5843
March 12.8309 12.6130 12.6689
April 12.7389 12.5947 12.6623
May 12.6997 12.6227 12.6638
June 12.7117 12.6181 12.6586
July 12.8370 12.6181 12.7064
August 12.8083 12.6816 12.7468
September 12.8840 12.7545 12.8168
October 12.9553 12.8104 12.9048
November 13.0332 12.8453 12.9185
December 12.9264 12.8158 12.8846