YEARLY HIGH
233.5107 KMF
YEARLY LOW
217.1438 KMF
YEARLY AVERAGE
226.1143 KMF

2023 BZD to KMF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BZD to KMF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 233.5107. Conversely, the yearly low was recorded on July 17, dropping to 217.1438.

This high-to-low spread represents a total annual volatility of 16.3669 KMF. From a start-to-finish perspective, comparing the January average rate of 226.7422 to the December average rate of 223.5835, the exchange rate registered a net change of -1.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 233.5107 was down 8.27% compared to the 2022 peak of 254.5734, 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 1,167,554 KMF
2022 Average 1,159,592 KMF
Yearly Trough Low 1,085,719 KMF
Transaction Impact: A difference of 81,834.72 KMF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

232.4892
220.2880
JanuMarcMayJulySeptNove

BZD to KMF 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 226.2787, compared to 225.9499 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3289 points.

H1 Avg (Jan–Jun) 226.2787
H2 Avg (Jul–Dec) 225.9499

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 9.9582 KMF (High: 232.1992 / Low: 222.2411). On the other end, October was the most stable month, with a tight range of 3.5201 KMF (High: 233.5107 / Low: 229.9906).

November Spread (Volatile) ±9.9582
October Spread (Stable) ±3.5201

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 6.1638 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -6.1638

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 231.4725) against the same month in 2022 (average: 248.4081), the exchange rate shifted by -16.9357 (-6.82%).

2023 Avg (October) 231.4725
2022 Avg (October) 248.4081

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 232.0830 223.6620 226.7422
February 231.7643 223.8841 228.2549
March 232.3250 224.1199 229.0967
April 225.4302 220.8751 222.9330
May 228.9792 221.1417 224.9640
June 228.9662 222.9386 225.6816
July 225.3032 217.1438 221.3048
August 225.8434 222.0990 223.9663
September 232.6032 225.3719 228.7172
October 233.5107 229.9906 231.4725
November 232.1992 222.2411 226.6548
December 227.1070 219.7130 223.5835