YEARLY HIGH
68.1145 KMF
YEARLY LOW
63.3427 KMF
YEARLY AVERAGE
65.9467 KMF

2023 BOB to KMF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BOB to KMF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 68.1145. Conversely, the yearly low was recorded on July 17, dropping to 63.3427.

This high-to-low spread represents a total annual volatility of 4.7718 KMF. From a start-to-finish perspective, comparing the January average rate of 66.1424 to the December average rate of 65.2153, the exchange rate registered a net change of -1.40% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 68.1145 was down 8.28% compared to the 2022 peak of 74.2599, 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 340,573 KMF
2022 Average 339,062 KMF
Yearly Trough Low 316,714 KMF
Transaction Impact: A difference of 23,859.17 KMF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

67.8212
64.2430
JanuMarcMayJulySeptNove

BOB to KMF 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 65.9851, compared to 65.9082 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0769 points.

H1 Avg (Jan–Jun) 65.9851
H2 Avg (Jul–Dec) 65.9082

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 2.9048 KMF (High: 67.7395 / Low: 64.8347). On the other end, October was the most stable month, with a tight range of 1.0267 KMF (High: 68.1145 / Low: 67.0878).

November Spread (Volatile) ±2.9048
October Spread (Stable) ±1.0267

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 1.7784 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.7784

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 67.5230) against the same month in 2022 (average: 72.3832), the exchange rate shifted by -4.8602 (-6.71%).

2023 Avg (October) 67.5230
2022 Avg (October) 72.3832

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 67.6953 65.2432 66.1424
February 67.6074 65.3094 66.5834
March 67.7712 65.3029 66.7559
April 65.7562 64.2245 64.9775
May 66.7966 64.5099 65.6187
June 66.7907 65.0330 65.8329
July 65.7194 63.3427 64.5412
August 65.8803 64.7831 65.3340
September 67.8536 65.7448 66.7195
October 68.1145 67.0878 67.5230
November 67.7395 64.8347 66.1164
December 66.2484 64.0931 65.2153