2023 BOB to MDL Historical Review

YEARLY HIGH

2.7803 MDL

YEARLY LOW

2.4908 MDL

YEARLY AVERAGE

2.6204 MDL

2023 BOB to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BOB to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 2.7803. Conversely, the yearly low was recorded on December 28, dropping to 2.4908.

This high-to-low spread represents a total annual volatility of 0.2895 MDL. From a start-to-finish perspective, comparing the January average rate of 2.7483 to the December average rate of 2.5450, the exchange rate registered a net change of -7.40% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.7803 was down 1.99% compared to the 2022 peak of 2.8368, 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 13,902 MDL

2022 Average 13,688 MDL

Yearly Trough Low 12,454 MDL

Transaction Impact: A difference of 1,447.46 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.7687

2.5247

JanuMarcMayJulySeptNove

BOB to MDL 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 2.6558, compared to 2.5850 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0709 points.

H1 Avg (Jan–Jun) 2.6558

H2 Avg (Jul–Dec) 2.5850

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.1532 MDL (High: 2.6553 / Low: 2.5021). On the other end, October was the most stable month, with a tight range of 0.0360 MDL (High: 2.6399 / Low: 2.6038).

July Spread (Volatile) ±0.1532

October Spread (Stable) ±0.0360

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0855 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0855

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 2.7483) against the same month in 2022 (average: 2.6011), the exchange rate shifted by +0.1473 (+5.66%).

2023 Avg (January) 2.7483

2022 Avg (January) 2.6011

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.7803	2.7076	2.7483
February	2.7417	2.7044	2.7162
March	2.7328	2.6504	2.6964
April	2.6544	2.5780	2.6109
May	2.6001	2.5540	2.5723
June	2.6480	2.5623	2.5908
July	2.6553	2.5021	2.5926
August	2.5797	2.5324	2.5585
September	2.6411	2.5695	2.6019
October	2.6399	2.6038	2.6258
November	2.6253	2.5567	2.5859
December	2.5949	2.4908	2.5450