YEARLY HIGH
0.6486 PLN
YEARLY LOW
0.5630 PLN
YEARLY AVERAGE
0.6080 PLN

2023 BOB to PLN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BOB to PLN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 19, valuing the pair at 0.6486. Conversely, the yearly low was recorded on December 27, dropping to 0.5630.

This high-to-low spread represents a total annual volatility of 0.0857 PLN. From a start-to-finish perspective, comparing the January average rate of 0.6274 to the December average rate of 0.5734, the exchange rate registered a net change of -8.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6486 was down 10.41% compared to the 2022 peak of 0.7240, 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 3,243 PLN
2022 Average 3,234 PLN
Yearly Trough Low 2,815 PLN
Transaction Impact: A difference of 428.36 PLN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6483
0.5665
JanuMarcMayJulySeptNove

BOB to PLN 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 0.6195, compared to 0.5964 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0230 points.

H1 Avg (Jan–Jun) 0.6195
H2 Avg (Jul–Dec) 0.5964

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0448 PLN (High: 0.6437 / Low: 0.5989). On the other end, August was the most stable month, with a tight range of 0.0175 PLN (High: 0.6000 / Low: 0.5825).

January Spread (Volatile) ±0.0448
August Spread (Stable) ±0.0175

Growth Streaks & Declines

Trends

Between July and September, 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 October and November, when the average rate fell by 0.0288 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0288

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.6415) against the same month in 2022 (average: 0.5847), the exchange rate shifted by +0.0568 (+9.71%).

2023 Avg (February) 0.6415
2022 Avg (February) 0.5847

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6437 0.5989 0.6274
February 0.6486 0.6181 0.6415
March 0.6470 0.6204 0.6350
April 0.6277 0.6003 0.6125
May 0.6130 0.5950 0.6050
June 0.6078 0.5839 0.5954
July 0.5958 0.5718 0.5822
August 0.6000 0.5825 0.5915
September 0.6376 0.5994 0.6238
October 0.6398 0.6051 0.6183
November 0.6113 0.5686 0.5895
December 0.5827 0.5630 0.5734