YEARLY HIGH
0.0393 BOB
YEARLY LOW
0.0385 BOB
YEARLY AVERAGE
0.0388 BOB

2023 DJF to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DJF to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on April 29, valuing the pair at 0.0393. Conversely, the yearly low was recorded on February 4, dropping to 0.0385.

This high-to-low spread represents a total annual volatility of 0.0009 BOB. From a start-to-finish perspective, comparing the January average rate of 0.0389 to the December average rate of 0.0388, the exchange rate registered a net change of -0.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0393 was up 0.19% compared to the 2022 peak of 0.0393, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 197 BOB
2022 Average 194 BOB
Yearly Trough Low 192 BOB
Transaction Impact: A difference of 4.34 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0389
0.0388
JanuMarcMayJulySeptNove

DJF to BOB 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 0.0388, compared to 0.0388 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0388
H2 Avg (Jul–Dec) 0.0388

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0007 BOB (High: 0.0392 / Low: 0.0385). On the other end, January was the most stable month, with a tight range of 0.0002 BOB (High: 0.0390 / Low: 0.0388).

February Spread (Volatile) ±0.0007
January Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between February and April, 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 April and May, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.0389) against the same month in 2022 (average: 0.0386), the exchange rate shifted by +0.0003 (+0.76%).

2023 Avg (April) 0.0389
2022 Avg (April) 0.0386

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0390 0.0388 0.0389
February 0.0392 0.0385 0.0388
March 0.0390 0.0386 0.0388
April 0.0393 0.0388 0.0389
May 0.0389 0.0387 0.0388
June 0.0391 0.0387 0.0388
July 0.0391 0.0387 0.0389
August 0.0391 0.0386 0.0388
September 0.0389 0.0386 0.0388
October 0.0389 0.0387 0.0388
November 0.0391 0.0387 0.0389
December 0.0390 0.0386 0.0388