YEARLY HIGH
2229.9194 LBP
YEARLY LOW
218.3298 LBP
YEARLY AVERAGE
1988.5214 LBP

2023 BOB to LBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BOB to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 2229.9194. Conversely, the yearly low was recorded on February 3, dropping to 218.3298.

This high-to-low spread represents a total annual volatility of 2011.5896 LBP. From a start-to-finish perspective, comparing the January average rate of 219.3740 to the December average rate of 2175.6000, the exchange rate registered a net change of 891.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2229.9194 was up 883.92% compared to the 2022 peak of 226.6357, 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 11,149,597 LBP
2022 Average 1,099,450 LBP
Yearly Trough Low 1,091,649 LBP
Transaction Impact: A difference of 10,057,948.09 LBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2385.7884
22.4273
JanuMarcMayJulySeptNove

BOB to LBP 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 1799.4272, compared to 2177.6155 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 378.1884 points.

H1 Avg (Jan–Jun) 1799.4272
H2 Avg (Jul–Dec) 2177.6155

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 2011.5896 LBP (High: 2229.9194 / Low: 218.3298). On the other end, January was the most stable month, with a tight range of 2.0979 LBP (High: 220.9078 / Low: 218.8099).

February Spread (Volatile) ±2011.5896
January Spread (Stable) ±2.0979

Growth Streaks & Declines

Trends

Between January and April, 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 June and July, when the average rate fell by 6.4845 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -6.4845

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 1834.6316) against the same month in 2022 (average: 220.0203), the exchange rate shifted by +1614.6113 (+733.85%).

2023 Avg (February) 1834.6316
2022 Avg (February) 220.0203

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 220.9078 218.8099 219.3740
February 2229.9194 218.3298 1834.6316
March 2207.3774 2165.8499 2184.6567
April 2207.5967 2154.1297 2185.0398
May 2210.6137 2169.9452 2184.0192
June 2209.3999 2170.5232 2188.8416
July 2210.6167 2167.4377 2182.3571
August 2210.0933 2172.0843 2179.3942
September 2197.5845 2173.5428 2179.0141
October 2183.8767 2168.4181 2175.2743
November 2178.7106 2158.7091 2174.0536
December 2183.6597 2172.0498 2175.6000