YEARLY HIGH
301.3882 SDG
YEARLY LOW
270.9677 SDG
YEARLY AVERAGE
295.9827 SDG

2023 BZD to SDG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BZD to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 301.3882. Conversely, the yearly low was recorded on November 20, dropping to 270.9677.

This high-to-low spread represents a total annual volatility of 30.4205 SDG. From a start-to-finish perspective, comparing the January average rate of 286.1761 to the December average rate of 297.8508, the exchange rate registered a net change of 4.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 301.3882 was up 3.78% compared to the 2022 peak of 290.4243, 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 1,506,941 SDG
2022 Average 1,238,064 SDG
Yearly Trough Low 1,354,839 SDG
Transaction Impact: A difference of 152,102.27 SDG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

299.7890
284.9385
JanuMarcMayJulySeptNove

BZD to SDG 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 293.8408, compared to 298.1247 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.2838 points.

H1 Avg (Jan–Jun) 293.8408
H2 Avg (Jul–Dec) 298.1247

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 28.9079 SDG (High: 299.8756 / Low: 270.9677). On the other end, September was the most stable month, with a tight range of 1.7075 SDG (High: 299.4733 / Low: 297.7659).

November Spread (Volatile) ±28.9079
September Spread (Stable) ±1.7075

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 1.0108 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -1.0108

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 296.9164) against the same month in 2022 (average: 221.6682), the exchange rate shifted by +75.2482 (+33.95%).

2023 Avg (April) 296.9164
2022 Avg (April) 221.6682

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 289.7049 282.2369 286.1761
February 292.5143 287.3018 290.4824
March 298.6198 281.9474 293.2956
April 301.3882 284.0350 296.9164
May 298.9670 296.9204 297.8573
June 300.2558 297.0248 298.3171
July 300.7527 297.4349 298.5514
August 300.3274 297.2810 298.3291
September 299.4733 297.7659 298.3590
October 299.7323 297.5047 298.3342
November 299.8756 270.9677 297.3234
December 298.4172 296.5584 297.8508