YEARLY HIGH
452.8354 KPW
YEARLY LOW
442.3809 KPW
YEARLY AVERAGE
446.7322 KPW

2023 BZD to KPW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BZD to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 452.8354. Conversely, the yearly low was recorded on February 5, dropping to 442.3809.

This high-to-low spread represents a total annual volatility of 10.4546 KPW. From a start-to-finish perspective, comparing the January average rate of 446.4913 to the December average rate of 446.0328, the exchange rate registered a net change of -0.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 452.8354 was up 0.22% compared to the 2022 peak of 451.8270, 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 2,264,177 KPW
2022 Average 2,232,652 KPW
Yearly Trough Low 2,211,904 KPW
Transaction Impact: A difference of 52,272.77 KPW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

447.7735
445.8745
JanuMarcMayJulySeptNove

BZD to KPW 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 446.7980, compared to 446.6663 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1318 points.

H1 Avg (Jan–Jun) 446.7980
H2 Avg (Jul–Dec) 446.6663

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 6.7357 KPW (High: 452.8354 / Low: 446.0997). On the other end, January was the most stable month, with a tight range of 1.8904 KPW (High: 447.9972 / Low: 446.1068).

March Spread (Volatile) ±6.7357
January Spread (Stable) ±1.8904

Growth Streaks & Declines

Trends

Between August and November, 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 November and December, when the average rate fell by 0.9944 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.9944

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 447.6152) against the same month in 2022 (average: 446.6137), the exchange rate shifted by +1.0016 (+0.22%).

2023 Avg (March) 447.6152
2022 Avg (March) 446.6137

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 447.9972 446.1068 446.4913
February 449.0314 442.3809 446.4459
March 452.8354 446.0997 447.6152
April 452.4593 445.8911 446.9517
May 447.8916 445.6617 446.7139
June 449.2605 444.7959 446.5702
July 450.7534 445.7809 447.0281
August 449.3677 444.8095 446.4975
September 448.0898 445.5390 446.5957
October 448.4772 445.5390 446.8165
November 450.1886 446.1354 447.0272
December 446.8810 444.0975 446.0328