2023 HNL to BBD Historical Review

YEARLY HIGH

0.0822 BBD

YEARLY LOW

0.0802 BBD

YEARLY AVERAGE

0.0811 BBD

2023 HNL to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HNL to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.0822. Conversely, the yearly low was recorded on September 9, dropping to 0.0802.

This high-to-low spread represents a total annual volatility of 0.0021 BBD. From a start-to-finish perspective, comparing the January average rate of 0.0811 to the December average rate of 0.0809, the exchange rate registered a net change of -0.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0822 was up 0.14% compared to the 2022 peak of 0.0821, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 411 BBD

2022 Average 406 BBD

Yearly Trough Low 401 BBD

Transaction Impact: A difference of 10.40 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0814

0.0807

JanuMarcMayJulySeptNove

HNL to BBD 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 0.0812, compared to 0.0810 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0812

H2 Avg (Jul–Dec) 0.0810

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0016 BBD (High: 0.0819 / Low: 0.0804). On the other end, January was the most stable month, with a tight range of 0.0004 BBD (High: 0.0813 / Low: 0.0810).

August Spread (Volatile) ±0.0016

January Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between January and April, 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 August and September, when the average rate fell by 0.0005 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0812) against the same month in 2022 (average: 0.0816), the exchange rate shifted by -0.0004 (-0.51%).

2023 Avg (March) 0.0812

2022 Avg (March) 0.0816

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0813	0.0810	0.0811
February	0.0819	0.0804	0.0811
March	0.0822	0.0810	0.0812
April	0.0822	0.0811	0.0814
May	0.0816	0.0810	0.0812
June	0.0817	0.0808	0.0810
July	0.0819	0.0808	0.0812
August	0.0819	0.0804	0.0812
September	0.0813	0.0802	0.0807
October	0.0815	0.0805	0.0810
November	0.0817	0.0807	0.0811
December	0.0811	0.0807	0.0809