YEARLY HIGH
0.3967 XCD
YEARLY LOW
0.3875 XCD
YEARLY AVERAGE
0.3912 XCD

2023 BOB to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BOB to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.3967. Conversely, the yearly low was recorded on February 5, dropping to 0.3875.

This high-to-low spread represents a total annual volatility of 0.0092 XCD. From a start-to-finish perspective, comparing the January average rate of 0.3911 to the December average rate of 0.3907, 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 0.3967 was up 0.16% compared to the 2022 peak of 0.3960, 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 1,983 XCD
2022 Average 1,960 XCD
Yearly Trough Low 1,938 XCD
Transaction Impact: A difference of 45.80 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3918
0.3906
JanuMarcMayJulySeptNove

BOB to XCD 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 0.3912, compared to 0.3912 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.3912
H2 Avg (Jul–Dec) 0.3912

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0067 XCD (High: 0.3967 / Low: 0.3899). On the other end, January was the most stable month, with a tight range of 0.0017 XCD (High: 0.3924 / Low: 0.3908).

March Spread (Volatile) ±0.0067
January Spread (Stable) ±0.0017

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 0.0009 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.3917) against the same month in 2022 (average: 0.3929), the exchange rate shifted by -0.0012 (-0.31%).

2023 Avg (March) 0.3917
2022 Avg (March) 0.3929

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3924 0.3908 0.3911
February 0.3933 0.3875 0.3911
March 0.3967 0.3899 0.3917
April 0.3938 0.3894 0.3912
May 0.3923 0.3904 0.3913
June 0.3935 0.3896 0.3912
July 0.3948 0.3895 0.3915
August 0.3939 0.3896 0.3911
September 0.3925 0.3903 0.3912
October 0.3928 0.3903 0.3914
November 0.3943 0.3908 0.3916
December 0.3914 0.3890 0.3907