2023 BZD to EUR Historical Review

YEARLY HIGH

0.4737 EUR

YEARLY LOW

0.4415 EUR

YEARLY AVERAGE

0.4587 EUR

2023 BZD to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BZD to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.4737. Conversely, the yearly low was recorded on July 14, dropping to 0.4415.

This high-to-low spread represents a total annual volatility of 0.0322 EUR. From a start-to-finish perspective, comparing the January average rate of 0.4599 to the December average rate of 0.4537, the exchange rate registered a net change of -1.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4737 was down 8.36% compared to the 2022 peak of 0.5169, 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 2,368 EUR

2022 Average 2,359 EUR

Yearly Trough Low 2,208 EUR

Transaction Impact: A difference of 160.97 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4720

0.4471

JanuMarcMayJulySeptNove

BZD to EUR 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 0.4589, compared to 0.4586 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) 0.4589

H2 Avg (Jul–Dec) 0.4586

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0216 EUR (High: 0.4641 / Low: 0.4425). On the other end, October was the most stable month, with a tight range of 0.0086 EUR (High: 0.4737 / Low: 0.4651).

May Spread (Volatile) ±0.0216

October Spread (Stable) ±0.0086

Growth Streaks & Declines

Trends

Between July and October, 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 March and April, when the average rate fell by 0.0123 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0123

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.4699) against the same month in 2022 (average: 0.5049), the exchange rate shifted by -0.0350 (-6.93%).

2023 Avg (October) 0.4699

2022 Avg (October) 0.5049

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4713	0.4543	0.4599
February	0.4704	0.4505	0.4635
March	0.4711	0.4549	0.4642
April	0.4602	0.4459	0.4519
May	0.4641	0.4425	0.4563
June	0.4640	0.4514	0.4576
July	0.4576	0.4415	0.4492
August	0.4597	0.4498	0.4547
September	0.4717	0.4594	0.4647
October	0.4737	0.4651	0.4699
November	0.4689	0.4511	0.4591
December	0.4604	0.4459	0.4537