2023 BOB to TOP Historical Review

YEARLY HIGH

0.3496 TOP

YEARLY LOW

0.3315 TOP

YEARLY AVERAGE

0.3419 TOP

2023 BOB to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BOB to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 29, valuing the pair at 0.3496. Conversely, the yearly low was recorded on February 5, dropping to 0.3315.

This high-to-low spread represents a total annual volatility of 0.0181 TOP. From a start-to-finish perspective, comparing the January average rate of 0.3371 to the December average rate of 0.3397, the exchange rate registered a net change of 0.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3496 was down 2.27% compared to the 2022 peak of 0.3577, 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 1,748 TOP

2022 Average 1,691 TOP

Yearly Trough Low 1,658 TOP

Transaction Impact: A difference of 90.69 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3482

0.3361

JanuMarcMayJulySeptNove

BOB to TOP 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 0.3401, compared to 0.3438 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0037 points.

H1 Avg (Jan–Jun) 0.3401

H2 Avg (Jul–Dec) 0.3438

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0103 TOP (High: 0.3418 / Low: 0.3315). On the other end, September was the most stable month, with a tight range of 0.0027 TOP (High: 0.3475 / Low: 0.3448).

February Spread (Volatile) ±0.0103

September Spread (Stable) ±0.0027

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 November and December, when the average rate fell by 0.0057 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0057

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.3472) against the same month in 2022 (average: 0.3524), the exchange rate shifted by -0.0052 (-1.47%).

2023 Avg (October) 0.3472

2022 Avg (October) 0.3524

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3407	0.3342	0.3371
February	0.3418	0.3315	0.3382
March	0.3464	0.3397	0.3418
April	0.3427	0.3377	0.3406
May	0.3448	0.3385	0.3415
June	0.3448	0.3382	0.3413
July	0.3450	0.3367	0.3401
August	0.3469	0.3400	0.3442
September	0.3475	0.3448	0.3461
October	0.3496	0.3448	0.3472
November	0.3495	0.3412	0.3453
December	0.3423	0.3359	0.3397