2023 CAD to BSD Historical Review

YEARLY HIGH

0.7626 BSD

YEARLY LOW

0.7204 BSD

YEARLY AVERAGE

0.7408 BSD

2023 CAD to BSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CAD to BSD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 13, valuing the pair at 0.7626. Conversely, the yearly low was recorded on October 28, dropping to 0.7204.

This high-to-low spread represents a total annual volatility of 0.0422 BSD. From a start-to-finish perspective, comparing the January average rate of 0.7452 to the December average rate of 0.7457, the exchange rate registered a net change of 0.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.7626 was down 4.86% compared to the 2022 peak of 0.8016, 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 3,813 BSD

2022 Average 3,844 BSD

Yearly Trough Low 3,602 BSD

Transaction Impact: A difference of 211.11 BSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7585

0.7266

JanuMarcMayJulySeptNove

CAD to BSD 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 0.7416, compared to 0.7400 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.7416

H2 Avg (Jul–Dec) 0.7400

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0223 BSD (High: 0.7577 / Low: 0.7355). On the other end, September was the most stable month, with a tight range of 0.0130 BSD (High: 0.7439 / Low: 0.7308).

December Spread (Volatile) ±0.0223

September Spread (Stable) ±0.0130

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0143 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0143

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.7559) against the same month in 2022 (average: 0.7736), the exchange rate shifted by -0.0177 (-2.29%).

2023 Avg (July) 0.7559

2022 Avg (July) 0.7736

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7515	0.7313	0.7452
February	0.7533	0.7328	0.7431
March	0.7395	0.7215	0.7299
April	0.7495	0.7311	0.7398
May	0.7478	0.7321	0.7392
June	0.7606	0.7435	0.7526
July	0.7626	0.7482	0.7559
August	0.7535	0.7347	0.7416
September	0.7439	0.7308	0.7380
October	0.7367	0.7204	0.7292
November	0.7376	0.7228	0.7296
December	0.7577	0.7355	0.7457