YEARLY HIGH
3059.7740 SLL
YEARLY LOW
2532.8776 SLL
YEARLY AVERAGE
2761.7542 SLL

2023 BOB to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BOB to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 3059.7740. Conversely, the yearly low was recorded on February 5, dropping to 2532.8776.

This high-to-low spread represents a total annual volatility of 526.8964 SLL. From a start-to-finish perspective, comparing the January average rate of 2556.4187 to the December average rate of 3031.2493, the exchange rate registered a net change of 18.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 3059.7740 was up 18.74% compared to the 2022 peak of 2576.8602, 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 15,298,870 SLL
2022 Average 9,955,718 SLL
Yearly Trough Low 12,664,388 SLL
Transaction Impact: A difference of 2,634,481.94 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

3086.4635
2507.9364
JanuMarcMayJulySeptNove

BOB to SLL 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 2557.3130, compared to 2966.1954 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 408.8824 points.

H1 Avg (Jan–Jun) 2557.3130
H2 Avg (Jul–Dec) 2966.1954

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 495.8130 SLL (High: 3046.3325 / Low: 2550.5195). On the other end, January was the most stable month, with a tight range of 10.8947 SLL (High: 2565.0676 / Low: 2554.1730).

July Spread (Volatile) ±495.8130
January Spread (Stable) ±10.8947

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 7.0036 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -7.0036

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 3038.2529) against the same month in 2022 (average: 2553.2697), the exchange rate shifted by +484.9832 (+18.99%).

2023 Avg (November) 3038.2529
2022 Avg (November) 2553.2697

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2565.0676 2554.1730 2556.4187
February 2570.9212 2532.8776 2556.1470
March 2592.7505 2548.7127 2560.0190
April 2574.1464 2545.0073 2556.9342
May 2564.3080 2551.5160 2557.4956
June 2572.2449 2546.8228 2556.8636
July 3046.3325 2550.5195 2620.6699
August 3056.1912 3023.0638 3034.7369
September 3045.5565 3028.1492 3035.3846
October 3048.1095 3028.1492 3036.8787
November 3059.7740 3031.9031 3038.2529
December 3036.9985 3018.4294 3031.2493