2023 BOB to LRD Historical Review

YEARLY HIGH

27.3664 LRD

YEARLY LOW

22.0490 LRD

YEARLY AVERAGE

25.2781 LRD

2023 BOB to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BOB to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 27.3664. Conversely, the yearly low was recorded on February 5, dropping to 22.0490.

This high-to-low spread represents a total annual volatility of 5.3174 LRD. From a start-to-finish perspective, comparing the January average rate of 22.4854 to the December average rate of 27.2096, the exchange rate registered a net change of 21.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 27.3664 was up 21.11% compared to the 2022 peak of 22.5955, 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 136,832 LRD

2022 Average 110,888 LRD

Yearly Trough Low 110,245 LRD

Transaction Impact: A difference of 26,587.22 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

27.6837

22.0129

JanuMarcMayJulySeptNove

BOB to LRD 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 23.5504, compared to 27.0059 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.4555 points.

H1 Avg (Jan–Jun) 23.5504

H2 Avg (Jul–Dec) 27.0059

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 1.6240 LRD (High: 26.0614 / Low: 24.4374). On the other end, October was the most stable month, with a tight range of 0.1923 LRD (High: 27.1532 / Low: 26.9608).

June Spread (Volatile) ±1.6240

October Spread (Stable) ±0.1923

Growth Streaks & Declines

Trends

Between January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0015 points.

Longest Streak 10 Mo.

Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 27.2111) against the same month in 2022 (average: 22.2859), the exchange rate shifted by +4.9252 (+22.10%).

2023 Avg (November) 27.2111

2022 Avg (November) 22.2859

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	22.6905	22.2577	22.4854
February	23.0148	22.0490	22.6405
March	23.6378	22.1868	23.1131
April	23.9162	23.4043	23.6108
May	24.4868	23.9144	24.1756
June	26.0614	24.4374	25.2768
July	27.0210	26.0605	26.6125
August	27.2105	26.9006	26.9631
September	27.0723	26.8759	26.9742
October	27.1532	26.9608	27.0651
November	27.3664	27.1310	27.2111
December	27.2740	26.9967	27.2096