2023 BOB to SYP Historical Review

YEARLY HIGH

368.7723 SYP

YEARLY LOW

360.2565 SYP

YEARLY AVERAGE

363.7309 SYP

2023 BOB to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BOB to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 368.7723. Conversely, the yearly low was recorded on February 5, dropping to 360.2565.

This high-to-low spread represents a total annual volatility of 8.5158 SYP. From a start-to-finish perspective, comparing the January average rate of 363.6048 to the December average rate of 363.1992, the exchange rate registered a net change of -0.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 368.7723 was up 0.18% compared to the 2022 peak of 368.0926, 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 1,843,862 SYP

2022 Average 1,822,504 SYP

Yearly Trough Low 1,801,282 SYP

Transaction Impact: A difference of 42,579.22 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

364.2086

363.1074

JanuMarcMayJulySeptNove

BOB to SYP 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 363.7320, compared to 363.7299 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 363.7320

H2 Avg (Jul–Dec) 363.7299

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 6.2636 SYP (High: 368.7723 / Low: 362.5087). On the other end, January was the most stable month, with a tight range of 1.5496 SYP (High: 364.8349 / Low: 363.2854).

March Spread (Volatile) ±6.2636

January Spread (Stable) ±1.5496

Growth Streaks & Declines

Trends

Between August and November, 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 November and December, when the average rate fell by 0.8392 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.8392

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 364.1169) against the same month in 2022 (average: 365.1864), the exchange rate shifted by -1.0695 (-0.29%).

2023 Avg (March) 364.1169

2022 Avg (March) 365.1864

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	364.8349	363.2854	363.6048
February	365.6675	360.2565	363.5661
March	368.7723	362.5087	364.1169
April	366.1262	361.9817	363.6781
May	364.7269	362.9075	363.7580
June	365.8558	362.2400	363.6681
July	367.0814	362.0765	363.9565
August	366.1877	362.2184	363.6170
September	364.9134	362.8277	363.6946
October	365.2193	362.8277	363.8737
November	366.6169	363.2775	364.0383
December	363.8880	361.6631	363.1992