YEARLY HIGH
238.1230 KZT
YEARLY LOW
213.8669 KZT
YEARLY AVERAGE
226.5597 KZT

2023 BZD to KZT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BZD to KZT exchange rate experienced significant fluctuation. The market reached its absolute peak on October 19, valuing the pair at 238.1230. Conversely, the yearly low was recorded on March 5, dropping to 213.8669.

This high-to-low spread represents a total annual volatility of 24.2561 KZT. From a start-to-finish perspective, comparing the January average rate of 229.4789 to the December average rate of 227.5581, the exchange rate registered a net change of -0.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 238.1230 was down 8.60% compared to the 2022 peak of 260.5264, 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 1,190,615 KZT
2022 Average 1,145,319 KZT
Yearly Trough Low 1,069,334 KZT
Transaction Impact: A difference of 121,280.36 KZT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

238.0699
219.5330
JanuMarcMayJulySeptNove

BZD to KZT 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 224.3596, compared to 228.7597 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.4002 points.

H1 Avg (Jan–Jun) 224.3596
H2 Avg (Jul–Dec) 228.7597

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 17.8895 KZT (High: 231.7564 / Low: 213.8669). On the other end, January was the most stable month, with a tight range of 2.9022 KZT (High: 231.0109 / Low: 228.1086).

March Spread (Volatile) ±17.8895
January Spread (Stable) ±2.9022

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 October and November, when the average rate fell by 6.4749 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -6.4749

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 236.5252) against the same month in 2022 (average: 234.5721), the exchange rate shifted by +1.9531 (+0.83%).

2023 Avg (October) 236.5252
2022 Avg (October) 234.5721

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 231.0109 228.1086 229.4789
February 229.3648 220.5327 223.9604
March 231.7564 213.8669 224.4373
April 227.0282 219.6982 224.2621
May 224.1713 219.5129 221.4250
June 225.4690 220.3224 222.5937
July 224.0071 219.1139 221.0777
August 230.6667 220.5156 224.8191
September 237.9132 227.0090 232.5281
October 238.1230 232.6783 236.5252
November 233.2017 227.0161 230.0502
December 229.2589 225.1640 227.5581