2023 BOB to SOS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 BOB to SOS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the BOB to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on July 12, valuing the pair at 83.2041. Conversely, the yearly low was recorded on February 18, dropping to 81.5166.
This high-to-low spread represents a total annual volatility of 1.6875 SOS. From a start-to-finish perspective, comparing the January average rate of 82.3002 to the December average rate of 82.6479, the exchange rate registered a net change of 0.42% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 83.2041 was down 2.50% compared to the 2022 peak of 85.3395, 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 SOS 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 82.2929, compared to 82.5463 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2534 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was February, with a trading range of 1.5184 SOS (High: 83.0350 / Low: 81.5166). On the other end, January was the most stable month, with a tight range of 0.1519 SOS (High: 82.3958 / Low: 82.2438).
Growth Streaks & Declines
TrendsBetween August and October, 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 0.0862 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2023: 82.3869) against the same month in 2022 (average: 83.7787), the exchange rate shifted by -1.3918 (-1.66%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 82.3958 | 82.2438 | 82.3002 |
| February | 83.0350 | 81.5166 | 82.2856 |
| March | 83.1495 | 82.0258 | 82.3135 |
| April | 82.4994 | 81.6246 | 82.2273 |
| May | 82.4456 | 82.1378 | 82.3169 |
| June | 82.5710 | 81.7550 | 82.3142 |
| July | 83.2041 | 81.7645 | 82.3869 |
| August | 82.4717 | 81.7775 | 82.3758 |
| September | 82.7109 | 82.2890 | 82.5262 |
| October | 82.9628 | 82.4460 | 82.6777 |
| November | 82.9241 | 82.0867 | 82.6634 |
| December | 82.7733 | 82.2131 | 82.6479 |