YEARLY HIGH
0.5032 BMD
YEARLY LOW
0.4915 BMD
YEARLY AVERAGE
0.4964 BMD

2023 BZD to BMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BZD to BMD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.5032. Conversely, the yearly low was recorded on February 5, dropping to 0.4915.

This high-to-low spread represents a total annual volatility of 0.0116 BMD. From a start-to-finish perspective, comparing the January average rate of 0.4961 to the December average rate of 0.4956, 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 0.5032 was up 0.22% compared to the 2022 peak of 0.5020, 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 2,516 BMD
2022 Average 2,481 BMD
Yearly Trough Low 2,458 BMD
Transaction Impact: A difference of 58.08 BMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4975
0.4954
JanuMarcMayJulySeptNove

BZD to BMD 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 0.4964, compared to 0.4963 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.4964
H2 Avg (Jul–Dec) 0.4963

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0075 BMD (High: 0.5032 / Low: 0.4957). On the other end, January was the most stable month, with a tight range of 0.0021 BMD (High: 0.4978 / Low: 0.4957).

March Spread (Volatile) ±0.0075
January Spread (Stable) ±0.0021

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 0.0011 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.4974) against the same month in 2022 (average: 0.4962), the exchange rate shifted by +0.0011 (+0.22%).

2023 Avg (March) 0.4974
2022 Avg (March) 0.4962

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4978 0.4957 0.4961
February 0.4989 0.4915 0.4961
March 0.5032 0.4957 0.4974
April 0.5027 0.4954 0.4966
May 0.4977 0.4952 0.4963
June 0.4992 0.4942 0.4962
July 0.5008 0.4953 0.4967
August 0.4993 0.4942 0.4961
September 0.4979 0.4950 0.4962
October 0.4983 0.4950 0.4965
November 0.5002 0.4957 0.4967
December 0.4965 0.4934 0.4956