YEARLY HIGH
1.0063 BBD
YEARLY LOW
0.9831 BBD
YEARLY AVERAGE
0.9927 BBD

2023 BZD to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BZD to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 1.0063. Conversely, the yearly low was recorded on February 5, dropping to 0.9831.

This high-to-low spread represents a total annual volatility of 0.0232 BBD. From a start-to-finish perspective, comparing the January average rate of 0.9922 to the December average rate of 0.9912, the exchange rate registered a net change of -0.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.0063 was up 0.22% compared to the 2022 peak of 1.0041, 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 5,032 BBD
2022 Average 4,961 BBD
Yearly Trough Low 4,915 BBD
Transaction Impact: A difference of 116.16 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.9951
0.9908
JanuMarcMayJulySeptNove

BZD to BBD 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 0.9929, compared to 0.9926 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.9929
H2 Avg (Jul–Dec) 0.9926

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0150 BBD (High: 1.0063 / Low: 0.9913). On the other end, January was the most stable month, with a tight range of 0.0042 BBD (High: 0.9955 / Low: 0.9913).

March Spread (Volatile) ±0.0150
January Spread (Stable) ±0.0042

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 0.0022 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.9947) against the same month in 2022 (average: 0.9925), the exchange rate shifted by +0.0022 (+0.22%).

2023 Avg (March) 0.9947
2022 Avg (March) 0.9925

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9955 0.9913 0.9922
February 0.9978 0.9831 0.9921
March 1.0063 0.9913 0.9947
April 1.0055 0.9909 0.9932
May 0.9953 0.9904 0.9927
June 0.9984 0.9884 0.9924
July 1.0017 0.9906 0.9934
August 0.9986 0.9885 0.9922
September 0.9958 0.9901 0.9924
October 0.9966 0.9901 0.9929
November 1.0004 0.9914 0.9934
December 0.9931 0.9869 0.9912