2023 BOB to SZL Historical Review

YEARLY HIGH

2.8623 SZL

YEARLY LOW

2.4340 SZL

YEARLY AVERAGE

2.6699 SZL

2023 BOB to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BOB to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on June 1, valuing the pair at 2.8623. Conversely, the yearly low was recorded on January 13, dropping to 2.4340.

This high-to-low spread represents a total annual volatility of 0.4284 SZL. From a start-to-finish perspective, comparing the January average rate of 2.4752 to the December average rate of 2.6937, the exchange rate registered a net change of 8.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.8623 was up 7.45% compared to the 2022 peak of 2.6639, 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 14,312 SZL

2022 Average 11,871 SZL

Yearly Trough Low 12,170 SZL

Transaction Impact: A difference of 2,141.77 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.7901

2.4465

JanuMarcMayJulySeptNove

BOB to SZL 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 2.6334, compared to 2.7064 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0730 points.

H1 Avg (Jan–Jun) 2.6334

H2 Avg (Jul–Dec) 2.7064

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.2337 SZL (High: 2.8623 / Low: 2.6286). On the other end, September was the most stable month, with a tight range of 0.0746 SZL (High: 2.7834 / Low: 2.7087).

June Spread (Volatile) ±0.2337

September Spread (Stable) ±0.0746

Growth Streaks & Declines

Trends

Between July and October, 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 October and November, when the average rate fell by 0.0794 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0794

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 2.7089) against the same month in 2022 (average: 2.2923), the exchange rate shifted by +0.4166 (+18.17%).

2023 Avg (June) 2.7089

2022 Avg (June) 2.2923

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.5233	2.4340	2.4752
February	2.6713	2.4734	2.5906
March	2.6956	2.5785	2.6450
April	2.6602	2.5751	2.6241
May	2.8603	2.6464	2.7568
June	2.8623	2.6286	2.7089
July	2.7618	2.5392	2.6396
August	2.8202	2.6059	2.7180
September	2.7834	2.7087	2.7437
October	2.8196	2.7178	2.7615
November	2.7438	2.6260	2.6821
December	2.7638	2.6253	2.6937