YEARLY HIGH
89.1463 DJF
YEARLY LOW
87.1762 DJF
YEARLY AVERAGE
88.2715 DJF

2023 BZD to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BZD to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 89.1463. Conversely, the yearly low was recorded on April 29, dropping to 87.1762.

This high-to-low spread represents a total annual volatility of 1.9701 DJF. From a start-to-finish perspective, comparing the January average rate of 88.1812 to the December average rate of 88.2628, the exchange rate registered a net change of 0.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 89.1463 was down 0.12% compared to the 2022 peak of 89.2490, 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 445,732 DJF
2022 Average 441,604 DJF
Yearly Trough Low 435,881 DJF
Transaction Impact: A difference of 9,850.27 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

88.3723
88.1638
JanuMarcMayJulySeptNove

BZD to DJF 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 88.2704, compared to 88.2727 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 88.2704
H2 Avg (Jul–Dec) 88.2727

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 1.6280 DJF (High: 89.1463 / Low: 87.5183). On the other end, January was the most stable month, with a tight range of 0.3738 DJF (High: 88.3329 / Low: 87.9592).

February Spread (Volatile) ±1.6280
January Spread (Stable) ±0.3738

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.1421 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1421

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 88.2891) against the same month in 2022 (average: 88.2772), the exchange rate shifted by +0.0119 (+0.01%).

2023 Avg (February) 88.2891
2022 Avg (February) 88.2772

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 88.3329 87.9592 88.1812
February 89.1463 87.5183 88.2891
March 88.7974 88.1433 88.3549
April 88.5690 87.1762 88.2128
May 88.5770 88.1128 88.2765
June 88.6517 87.7795 88.3076
July 88.5438 87.6392 88.2463
August 88.8462 87.6498 88.2605
September 88.8166 88.1628 88.3341
October 88.5678 88.0790 88.3004
November 88.5789 87.6638 88.2321
December 88.7893 87.9873 88.2628