2023 BZD to SYP Historical Review

YEARLY HIGH

1264.1807 SYP

YEARLY LOW

1234.9947 SYP

YEARLY AVERAGE

1247.1422 SYP

2023 BZD to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BZD to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 1264.1807. Conversely, the yearly low was recorded on February 5, dropping to 1234.9947.

This high-to-low spread represents a total annual volatility of 29.1860 SYP. From a start-to-finish perspective, comparing the January average rate of 1246.4699 to the December average rate of 1245.1897, 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 1264.1807 was up 0.22% compared to the 2022 peak of 1261.3653, 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 6,320,903 SYP

2022 Average 6,232,562 SYP

Yearly Trough Low 6,174,973 SYP

Transaction Impact: A difference of 145,929.90 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1250.0492

1244.7479

JanuMarcMayJulySeptNove

BZD to SYP 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 1247.3261, compared to 1246.9583 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3678 points.

H1 Avg (Jan–Jun) 1247.3261

H2 Avg (Jul–Dec) 1246.9583

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 18.8040 SYP (High: 1264.1807 / Low: 1245.3767). On the other end, January was the most stable month, with a tight range of 5.2774 SYP (High: 1250.6739 / Low: 1245.3964).

March Spread (Volatile) ±18.8040

January Spread (Stable) ±5.2774

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 2.7760 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -2.7760

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 1249.6074) against the same month in 2022 (average: 1246.5484), the exchange rate shifted by +3.0591 (+0.25%).

2023 Avg (March) 1249.6074

2022 Avg (March) 1246.5484

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1250.6739	1245.3964	1246.4699
February	1253.5611	1234.9947	1246.3430
March	1264.1807	1245.3767	1249.6074
April	1263.1307	1244.7942	1247.7550
May	1250.3788	1244.1538	1247.0913
June	1254.2006	1241.7367	1246.6899
July	1258.3684	1244.4866	1247.9683
August	1254.4999	1241.7747	1246.4871
September	1250.9323	1243.8113	1246.7611
October	1252.0138	1243.8113	1247.3775
November	1256.7916	1245.4761	1247.9658
December	1247.5577	1239.7870	1245.1897