YEARLY HIGH
0.1105 XDR
YEARLY LOW
0.1057 XDR
YEARLY AVERAGE
0.1085 XDR

2023 BOB to XDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BOB to XDR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 16, valuing the pair at 0.1105. Conversely, the yearly low was recorded on April 30, dropping to 0.1057.

This high-to-low spread represents a total annual volatility of 0.0048 XDR. From a start-to-finish perspective, comparing the January average rate of 0.1077 to the December average rate of 0.1084, the exchange rate registered a net change of 0.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1105 was down 3.28% compared to the 2022 peak of 0.1142, 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 552 XDR
2022 Average 529 XDR
Yearly Trough Low 529 XDR
Transaction Impact: A difference of 23.86 XDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1106
0.1069
JanuMarcMayJulySeptNove

BOB to XDR 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 0.1080, compared to 0.1090 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.1080
H2 Avg (Jul–Dec) 0.1090

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0025 XDR (High: 0.1091 / Low: 0.1066). On the other end, October was the most stable month, with a tight range of 0.0004 XDR (High: 0.1105 / Low: 0.1100).

February Spread (Volatile) ±0.0025
October Spread (Stable) ±0.0004

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 March and April, when the average rate fell by 0.0014 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.1103) against the same month in 2022 (average: 0.1058), the exchange rate shifted by +0.0044 (+4.19%).

2023 Avg (October) 0.1103
2022 Avg (October) 0.1058

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1091 0.1070 0.1077
February 0.1091 0.1066 0.1080
March 0.1091 0.1077 0.1086
April 0.1079 0.1057 0.1072
May 0.1087 0.1070 0.1077
June 0.1088 0.1079 0.1084
July 0.1089 0.1066 0.1078
August 0.1091 0.1069 0.1084
September 0.1104 0.1088 0.1095
October 0.1105 0.1100 0.1103
November 0.1105 0.1087 0.1096
December 0.1090 0.1076 0.1084