2023 BOB to KZT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 BOB to KZT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the BOB to KZT exchange rate experienced significant fluctuation. The market reached its absolute peak on October 19, valuing the pair at 69.4610. Conversely, the yearly low was recorded on March 5, dropping to 62.3875.
This high-to-low spread represents a total annual volatility of 7.0734 KZT. From a start-to-finish perspective, comparing the January average rate of 66.9408 to the December average rate of 66.3745, the exchange rate registered a net change of -0.85% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 69.4610 was down 8.93% compared to the 2022 peak of 76.2744, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BOB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
BOB to KZT Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 65.4251, compared to 66.7279 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3027 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was March, with a trading range of 4.9118 KZT (High: 67.2993 / Low: 62.3875). On the other end, January was the most stable month, with a tight range of 0.8438 KZT (High: 67.3862 / Low: 66.5424).
Growth Streaks & Declines
TrendsBetween 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 October and November, when the average rate fell by 1.8901 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2023: 68.9970) against the same month in 2022 (average: 68.3518), the exchange rate shifted by +0.6452 (+0.94%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 67.3862 | 66.5424 | 66.9408 |
| February | 66.9052 | 64.3295 | 65.3307 |
| March | 67.2993 | 62.3875 | 65.3958 |
| April | 66.2303 | 64.0842 | 65.3652 |
| May | 65.3919 | 64.0069 | 64.5864 |
| June | 65.7724 | 64.2721 | 64.9321 |
| July | 65.3414 | 63.9147 | 64.4749 |
| August | 67.2873 | 64.3241 | 65.5827 |
| September | 69.3991 | 66.2188 | 67.8311 |
| October | 69.4610 | 67.8752 | 68.9970 |
| November | 68.0341 | 66.2213 | 67.1069 |
| December | 66.8816 | 65.6832 | 66.3745 |