2023 BZD to CDF Historical Review

YEARLY HIGH

1385.8500 CDF

YEARLY LOW

1004.7367 CDF

YEARLY AVERAGE

1159.0776 CDF

2023 BZD to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BZD to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 1385.8500. Conversely, the yearly low was recorded on January 7, dropping to 1004.7367.

This high-to-low spread represents a total annual volatility of 381.1134 CDF. From a start-to-finish perspective, comparing the January average rate of 1016.3772 to the December average rate of 1349.2730, the exchange rate registered a net change of 32.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1385.8500 was up 34.97% compared to the 2022 peak of 1026.8116, 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 6,929,250 CDF

2022 Average 5,010,359 CDF

Yearly Trough Low 5,023,683 CDF

Transaction Impact: A difference of 1,905,566.78 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1382.5626

983.0876

JanuMarcMayJulySeptNove

BZD to CDF 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 1059.8312, compared to 1258.3239 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 198.4927 points.

H1 Avg (Jan–Jun) 1059.8312

H2 Avg (Jul–Dec) 1258.3239

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 145.7701 CDF (High: 1158.5674 / Low: 1012.7973). On the other end, February was the most stable month, with a tight range of 17.7465 CDF (High: 1031.9226 / Low: 1014.1761).

May Spread (Volatile) ±145.7701

February Spread (Stable) ±17.7465

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 1349.2730) against the same month in 2022 (average: 1014.5740), the exchange rate shifted by +334.6990 (+32.99%).

2023 Avg (December) 1349.2730

2022 Avg (December) 1014.5740

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1026.7953	1004.7367	1016.3772
February	1031.9226	1014.1761	1023.1086
March	1039.9533	1014.2516	1028.5046
April	1090.5825	1013.7143	1033.5958
May	1158.5674	1012.7973	1086.2882
June	1195.5373	1153.0972	1171.1129
July	1264.4582	1195.5373	1226.3599
August	1233.3443	1211.0882	1228.4728
September	1242.7237	1219.5244	1232.4707
October	1291.4867	1228.4021	1250.2232
November	1350.7208	1221.5193	1263.1441
December	1385.8500	1321.0485	1349.2730