2023 CAD to BND Historical Review

YEARLY HIGH

1.0286 BND

YEARLY LOW

0.9616 BND

YEARLY AVERAGE

0.9945 BND

2023 CAD to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CAD to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on June 26, valuing the pair at 1.0286. Conversely, the yearly low was recorded on March 18, dropping to 0.9616.

This high-to-low spread represents a total annual volatility of 0.0670 BND. From a start-to-finish perspective, comparing the January average rate of 0.9888 to the December average rate of 0.9935, the exchange rate registered a net change of 0.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.0286 was down 6.31% compared to the 2022 peak of 1.0979, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 CAD based on timing:

Yearly Peak High 5,143 BND

2022 Average 5,298 BND

Yearly Trough Low 4,808 BND

Transaction Impact: A difference of 335.15 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.0163

0.9744

JanuMarcMayJulySeptNove

CAD to BND 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 0.9905, compared to 0.9985 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0080 points.

H1 Avg (Jan–Jun) 0.9905

H2 Avg (Jul–Dec) 0.9985

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0297 BND (High: 0.9913 / Low: 0.9616). On the other end, August was the most stable month, with a tight range of 0.0115 BND (High: 1.0071 / Low: 0.9957).

March Spread (Volatile) ±0.0297

August Spread (Stable) ±0.0115

Growth Streaks & Declines

Trends

Between March and June, 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 0.0144 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0144

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 1.0128) against the same month in 2022 (average: 1.0801), the exchange rate shifted by -0.0673 (-6.23%).

2023 Avg (June) 1.0128

2022 Avg (June) 1.0801

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0041	0.9759	0.9888
February	0.9994	0.9775	0.9897
March	0.9913	0.9616	0.9779
April	0.9949	0.9729	0.9841
May	0.9991	0.9727	0.9897
June	1.0286	1.0035	1.0128
July	1.0250	0.9954	1.0087
August	1.0071	0.9957	1.0015
September	1.0164	0.9945	1.0054
October	1.0076	0.9841	0.9981
November	0.9950	0.9749	0.9837
December	1.0047	0.9851	0.9935