2023 EUR to BZD Historical Review

YEARLY HIGH

2.2650 BZD

YEARLY LOW

2.1111 BZD

YEARLY AVERAGE

2.1805 BZD

2023 EUR to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the EUR to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 14, valuing the pair at 2.2650. Conversely, the yearly low was recorded on October 3, dropping to 2.1111.

This high-to-low spread represents a total annual volatility of 0.1539 BZD. From a start-to-finish perspective, comparing the January average rate of 2.1745 to the December average rate of 2.2041, the exchange rate registered a net change of 1.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.2650 was down 1.96% compared to the 2022 peak of 2.3102, 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 11,325 BZD

2022 Average 10,620 BZD

Yearly Trough Low 10,555 BZD

Transaction Impact: A difference of 769.67 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.2363

2.1184

JanuMarcMayJulySeptNove

EUR to BZD 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 2.1795, compared to 2.1814 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 2.1795

H2 Avg (Jul–Dec) 2.1814

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.1050 BZD (High: 2.2597 / Low: 2.1548). On the other end, October was the most stable month, with a tight range of 0.0390 BZD (High: 2.1501 / Low: 2.1111).

May Spread (Volatile) ±0.1050

October Spread (Stable) ±0.0390

Growth Streaks & Declines

Trends

Between October and December, 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 0.0471 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0471

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 2.2264) against the same month in 2022 (average: 2.0547), the exchange rate shifted by +0.1717 (+8.36%).

2023 Avg (July) 2.2264

2022 Avg (July) 2.0547

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2014	2.1217	2.1745
February	2.2197	2.1260	2.1576
March	2.1983	2.1228	2.1545
April	2.2428	2.1732	2.2128
May	2.2597	2.1548	2.1921
June	2.2153	2.1553	2.1855
July	2.2650	2.1851	2.2264
August	2.2232	2.1754	2.1991
September	2.1767	2.1198	2.1520
October	2.1501	2.1111	2.1282
November	2.2166	2.1329	2.1786
December	2.2424	2.1720	2.2041