YEARLY HIGH
0.0152 BBD
YEARLY LOW
0.0128 BBD
YEARLY AVERAGE
0.0142 BBD

2023 HTG to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HTG to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 0.0152. Conversely, the yearly low was recorded on April 18, dropping to 0.0128.

This high-to-low spread represents a total annual volatility of 0.0024 BBD. From a start-to-finish perspective, comparing the January average rate of 0.0135 to the December average rate of 0.0151, the exchange rate registered a net change of 12.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0152 was down 25.06% compared to the 2022 peak of 0.0203, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 76 BBD
2022 Average 86 BBD
Yearly Trough Low 64 BBD
Transaction Impact: A difference of 11.81 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0153
0.0127
JanuMarcMayJulySeptNove

HTG 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 0.0135, compared to 0.0149 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.0135
H2 Avg (Jul–Dec) 0.0149

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0014 BBD (High: 0.0143 / Low: 0.0129). On the other end, December was the most stable month, with a tight range of 0.0001 BBD (High: 0.0152 / Low: 0.0151).

May Spread (Volatile) ±0.0014
December Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0003 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0151) against the same month in 2022 (average: 0.0148), the exchange rate shifted by +0.0003 (+1.94%).

2023 Avg (November) 0.0151
2022 Avg (November) 0.0148

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0136 0.0134 0.0135
February 0.0134 0.0132 0.0133
March 0.0133 0.0129 0.0130
April 0.0132 0.0128 0.0129
May 0.0143 0.0129 0.0138
June 0.0145 0.0142 0.0144
July 0.0147 0.0144 0.0145
August 0.0148 0.0146 0.0147
September 0.0149 0.0147 0.0148
October 0.0151 0.0147 0.0149
November 0.0152 0.0151 0.0151
December 0.0152 0.0151 0.0151