YEARLY HIGH
0.4196 GBP
YEARLY LOW
0.3780 GBP
YEARLY AVERAGE
0.3993 GBP

2023 BZD to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BZD to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 0.4196. Conversely, the yearly low was recorded on July 13, dropping to 0.3780.

This high-to-low spread represents a total annual volatility of 0.0416 GBP. From a start-to-finish perspective, comparing the January average rate of 0.4052 to the December average rate of 0.3913, the exchange rate registered a net change of -3.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4196 was down 9.28% compared to the 2022 peak of 0.4625, 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 2,098 GBP
2022 Average 2,013 GBP
Yearly Trough Low 1,890 GBP
Transaction Impact: A difference of 207.94 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4137
0.3831
JanuMarcMayJulySeptNove

BZD to GBP 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 0.4026, compared to 0.3960 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0066 points.

H1 Avg (Jan–Jun) 0.4026
H2 Avg (Jul–Dec) 0.3960

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0191 GBP (High: 0.4196 / Low: 0.4005). On the other end, August was the most stable month, with a tight range of 0.0070 GBP (High: 0.3945 / Low: 0.3876).

March Spread (Volatile) ±0.0191
August Spread (Stable) ±0.0070

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 0.0107 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0107

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.4098) against the same month in 2022 (average: 0.3770), the exchange rate shifted by +0.0328 (+8.70%).

2023 Avg (March) 0.4098
2022 Avg (March) 0.3770

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4164 0.3993 0.4052
February 0.4155 0.4005 0.4112
March 0.4196 0.4005 0.4098
April 0.4047 0.3946 0.3990
May 0.4029 0.3925 0.3978
June 0.3998 0.3865 0.3927
July 0.3933 0.3780 0.3857
August 0.3945 0.3876 0.3906
September 0.4085 0.3928 0.4006
October 0.4106 0.4028 0.4079
November 0.4077 0.3905 0.3997
December 0.3953 0.3876 0.3913