2023 EUR to BND Historical Review

YEARLY HIGH

1.4909 BND

YEARLY LOW

1.4101 BND

YEARLY AVERAGE

1.4529 BND

2023 EUR to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the EUR to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on July 12, valuing the pair at 1.4909. Conversely, the yearly low was recorded on January 5, dropping to 1.4101.

This high-to-low spread represents a total annual volatility of 0.0808 BND. From a start-to-finish perspective, comparing the January average rate of 1.4314 to the December average rate of 1.4553, the exchange rate registered a net change of 1.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.4909 was down 3.54% compared to the 2022 peak of 1.5456, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,454 BND

2022 Average 7,259 BND

Yearly Trough Low 7,050 BND

Transaction Impact: A difference of 404.18 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.4807

1.4203

JanuMarcMayJulySeptNove

EUR 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 1.4450, compared to 1.4607 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0157 points.

H1 Avg (Jan–Jun) 1.4450

H2 Avg (Jul–Dec) 1.4607

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0533 BND (High: 1.4877 / Low: 1.4344). On the other end, August was the most stable month, with a tight range of 0.0211 BND (High: 1.4820 / Low: 1.4609).

April Spread (Volatile) ±0.0533

August Spread (Stable) ±0.0211

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 August and September, when the average rate fell by 0.0186 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0186

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 1.4757) against the same month in 2022 (average: 1.4216), the exchange rate shifted by +0.0541 (+3.80%).

2023 Avg (July) 1.4757

2022 Avg (July) 1.4216

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.4438	1.4101	1.4314
February	1.4456	1.4162	1.4254
March	1.4499	1.4144	1.4355
April	1.4877	1.4344	1.4617
May	1.4848	1.4435	1.4566
June	1.4824	1.4410	1.4593
July	1.4909	1.4580	1.4757
August	1.4820	1.4609	1.4734
September	1.4653	1.4416	1.4548
October	1.4641	1.4355	1.4461
November	1.4800	1.4455	1.4590
December	1.4686	1.4427	1.4553