2023 BOB to SDG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 BOB to SDG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the BOB to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on July 12, valuing the pair at 87.7332. Conversely, the yearly low was recorded on November 20, dropping to 79.0394.
This high-to-low spread represents a total annual volatility of 8.6938 SDG. From a start-to-finish perspective, comparing the January average rate of 83.4797 to the December average rate of 86.8776, the exchange rate registered a net change of 4.07% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 87.7332 was up 3.56% compared to the 2022 peak of 84.7195, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BOB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
BOB to SDG Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 85.6868, compared to 86.9611 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.2743 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was November, with a trading range of 8.4369 SDG (High: 87.4763 / Low: 79.0394). On the other end, September was the most stable month, with a tight range of 0.4993 SDG (High: 87.3603 / Low: 86.8610).
Growth Streaks & Declines
TrendsBetween January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.2965 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2023: 87.0693) against the same month in 2022 (average: 66.3740), the exchange rate shifted by +20.6953 (+31.18%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 84.5100 | 82.3324 | 83.4797 |
| February | 85.3283 | 83.8079 | 84.7356 |
| March | 87.1100 | 82.0703 | 85.4629 |
| April | 87.2135 | 82.8678 | 86.5408 |
| May | 87.2091 | 86.5475 | 86.8806 |
| June | 87.5859 | 86.6482 | 87.0212 |
| July | 87.7332 | 86.6811 | 87.0693 |
| August | 87.6654 | 86.7151 | 87.0266 |
| September | 87.3603 | 86.8610 | 87.0348 |
| October | 87.4336 | 86.7784 | 87.0274 |
| November | 87.4763 | 79.0394 | 86.7308 |
| December | 87.0424 | 86.5102 | 86.8776 |