YEARLY HIGH
3.6436 CNY
YEARLY LOW
3.3251 CNY
YEARLY AVERAGE
3.5108 CNY

2023 BZD to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BZD to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 3.6436. Conversely, the yearly low was recorded on January 13, dropping to 3.3251.

This high-to-low spread represents a total annual volatility of 0.3185 CNY. From a start-to-finish perspective, comparing the January average rate of 3.3694 to the December average rate of 3.5279, the exchange rate registered a net change of 4.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 3.6436 was up 0.09% compared to the 2022 peak of 3.6404, 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 18,218 CNY
2022 Average 16,696 CNY
Yearly Trough Low 16,626 CNY
Transaction Impact: A difference of 1,592.27 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

3.6438
3.3444
JanuMarcMayJulySeptNove

BZD to CNY 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 3.4385, compared to 3.5831 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1446 points.

H1 Avg (Jan–Jun) 3.4385
H2 Avg (Jul–Dec) 3.5831

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.1235 CNY (High: 3.6352 / Low: 3.5117). On the other end, September was the most stable month, with a tight range of 0.0462 CNY (High: 3.6436 / Low: 3.5974).

November Spread (Volatile) ±0.1235
September Spread (Stable) ±0.0462

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0509 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0509

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 3.6188) against the same month in 2022 (average: 3.4794), the exchange rate shifted by +0.1394 (+4.01%).

2023 Avg (September) 3.6188
2022 Avg (September) 3.4794

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.4305 3.3251 3.3694
February 3.4529 3.3302 3.3949
March 3.4653 3.4042 3.4281
April 3.4749 3.4064 3.4200
May 3.5298 3.4276 3.4687
June 3.5988 3.5014 3.5499
July 3.6212 3.5228 3.5696
August 3.6219 3.5557 3.5917
September 3.6436 3.5974 3.6188
October 3.6384 3.5512 3.6116
November 3.6352 3.5117 3.5788
December 3.5604 3.4938 3.5279