YEARLY HIGH
0.3788 XDR
YEARLY LOW
0.3655 XDR
YEARLY AVERAGE
0.3719 XDR

2023 BZD to XDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BZD to XDR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 16, valuing the pair at 0.3788. Conversely, the yearly low was recorded on February 5, dropping to 0.3655.

This high-to-low spread represents a total annual volatility of 0.0133 XDR. From a start-to-finish perspective, comparing the January average rate of 0.3693 to the December average rate of 0.3716, the exchange rate registered a net change of 0.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3788 was down 3.28% compared to the 2022 peak of 0.3916, 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 1,894 XDR
2022 Average 1,810 XDR
Yearly Trough Low 1,828 XDR
Transaction Impact: A difference of 66.27 XDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3791
0.3669
JanuMarcMayJulySeptNove

BZD to XDR 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 0.3702, compared to 0.3737 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0034 points.

H1 Avg (Jan–Jun) 0.3702
H2 Avg (Jul–Dec) 0.3737

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0086 XDR (High: 0.3741 / Low: 0.3655). On the other end, October was the most stable month, with a tight range of 0.0015 XDR (High: 0.3788 / Low: 0.3773).

February Spread (Volatile) ±0.0086
October Spread (Stable) ±0.0015

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 0.0048 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0048

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.3780) against the same month in 2022 (average: 0.3632), the exchange rate shifted by +0.0148 (+4.08%).

2023 Avg (October) 0.3780
2022 Avg (October) 0.3632

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3741 0.3668 0.3693
February 0.3741 0.3655 0.3704
March 0.3758 0.3693 0.3727
April 0.3698 0.3663 0.3679
May 0.3726 0.3669 0.3691
June 0.3730 0.3700 0.3718
July 0.3732 0.3662 0.3696
August 0.3739 0.3666 0.3716
September 0.3784 0.3730 0.3753
October 0.3788 0.3773 0.3780
November 0.3786 0.3726 0.3757
December 0.3737 0.3696 0.3716