YEARLY HIGH
132.0960 KPW
YEARLY LOW
129.0456 KPW
YEARLY AVERAGE
130.2901 KPW

2023 BOB to KPW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BOB to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 132.0960. Conversely, the yearly low was recorded on February 5, dropping to 129.0456.

This high-to-low spread represents a total annual volatility of 3.0504 KPW. From a start-to-finish perspective, comparing the January average rate of 130.2449 to the December average rate of 130.0996, the exchange rate registered a net change of -0.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 132.0960 was up 0.16% compared to the 2022 peak of 131.8803, 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 660,480 KPW
2022 Average 652,864 KPW
Yearly Trough Low 645,228 KPW
Transaction Impact: A difference of 15,252.08 KPW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

130.4612
130.0668
JanuMarcMayJulySeptNove

BOB to KPW 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 130.2905, compared to 130.2897 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 130.2905
H2 Avg (Jul–Dec) 130.2897

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 2.2436 KPW (High: 132.0960 / Low: 129.8523). On the other end, January was the most stable month, with a tight range of 0.5551 KPW (High: 130.6856 / Low: 130.1305).

March Spread (Volatile) ±2.2436
January Spread (Stable) ±0.5551

Growth Streaks & Declines

Trends

Between August and November, 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 November and December, when the average rate fell by 0.3006 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.3006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 130.4284) against the same month in 2022 (average: 130.8391), the exchange rate shifted by -0.4107 (-0.31%).

2023 Avg (March) 130.4284
2022 Avg (March) 130.8391

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 130.6856 130.1305 130.2449
February 130.9838 129.0456 130.2311
March 132.0960 129.8523 130.4284
April 131.1481 129.6635 130.2712
May 130.6469 129.9952 130.2998
June 131.0513 129.7560 130.2676
July 131.4903 129.6975 130.3709
August 131.1701 129.7483 130.2493
September 130.7137 129.9666 130.2771
October 130.8233 129.9666 130.3412
November 131.3239 130.1277 130.4002
December 130.3464 129.5494 130.0996