YEARLY HIGH
2.0674 SCR
YEARLY LOW
1.8413 SCR
YEARLY AVERAGE
1.9458 SCR

2023 BOB to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BOB to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 12, valuing the pair at 2.0674. Conversely, the yearly low was recorded on September 20, dropping to 1.8413.

This high-to-low spread represents a total annual volatility of 0.2262 SCR. From a start-to-finish perspective, comparing the January average rate of 1.9602 to the December average rate of 1.9420, the exchange rate registered a net change of -0.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.0674 was down 5.01% compared to the 2022 peak of 2.1764, 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 10,337 SCR
2022 Average 9,837 SCR
Yearly Trough Low 9,206 SCR
Transaction Impact: A difference of 1,130.77 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.9921
1.8941
JanuMarcMayJulySeptNove

BOB to SCR 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 1.9614, compared to 1.9303 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0312 points.

H1 Avg (Jan–Jun) 1.9614
H2 Avg (Jul–Dec) 1.9303

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.1850 SCR (High: 2.0674 / Low: 1.8825). On the other end, August was the most stable month, with a tight range of 0.0747 SCR (High: 1.9771 / Low: 1.9024).

July Spread (Volatile) ±0.1850
August Spread (Stable) ±0.0747

Growth Streaks & Declines

Trends

Between September and December, 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 0.0478 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0478

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 1.9362) against the same month in 2022 (average: 1.9289), the exchange rate shifted by +0.0073 (+0.38%).

2023 Avg (July) 1.9362
2022 Avg (July) 1.9289

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.0459 1.8684 1.9602
February 2.0499 1.8846 1.9620
March 2.0362 1.8823 1.9512
April 2.0298 1.8683 1.9563
May 2.0366 1.9000 1.9549
June 2.0490 1.8998 1.9839
July 2.0674 1.8825 1.9362
August 1.9771 1.9024 1.9353
September 1.9720 1.8413 1.9022
October 1.9957 1.8440 1.9302
November 1.9879 1.8858 1.9355
December 2.0194 1.8658 1.9420