YEARLY HIGH
1.8480 AED
YEARLY LOW
1.8054 AED
YEARLY AVERAGE
1.8231 AED

2023 BZD to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BZD to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 1.8480. Conversely, the yearly low was recorded on February 5, dropping to 1.8054.

This high-to-low spread represents a total annual volatility of 0.0426 AED. From a start-to-finish perspective, comparing the January average rate of 1.8222 to the December average rate of 1.8201, 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 1.8480 was up 0.22% compared to the 2022 peak of 1.8440, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BZD based on timing:

Yearly Peak High 9,240 AED
2022 Average 9,112 AED
Yearly Trough Low 9,027 AED
Transaction Impact: A difference of 213.05 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.8273
1.8194
JanuMarcMayJulySeptNove

BZD to AED 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 1.8233, compared to 1.8228 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 1.8233
H2 Avg (Jul–Dec) 1.8228

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0277 AED (High: 1.8480 / Low: 1.8203). On the other end, January was the most stable month, with a tight range of 0.0078 AED (High: 1.8283 / Low: 1.8205).

March Spread (Volatile) ±0.0277
January Spread (Stable) ±0.0078

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 0.0042 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0042

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 1.8266) against the same month in 2022 (average: 1.8227), the exchange rate shifted by +0.0039 (+0.21%).

2023 Avg (March) 1.8266
2022 Avg (March) 1.8227

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.8283 1.8205 1.8222
February 1.8325 1.8054 1.8220
March 1.8480 1.8203 1.8266
April 1.8460 1.8195 1.8238
May 1.8274 1.8184 1.8227
June 1.8335 1.8152 1.8225
July 1.8396 1.8193 1.8244
August 1.8339 1.8153 1.8222
September 1.8287 1.8183 1.8226
October 1.8303 1.8183 1.8235
November 1.8373 1.8207 1.8243
December 1.8236 1.8122 1.8201