YEARLY HIGH
0.0525 BOB
YEARLY LOW
0.0442 BOB
YEARLY AVERAGE
0.0489 BOB

2023 HTG to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HTG to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 0.0525. Conversely, the yearly low was recorded on April 15, dropping to 0.0442.

This high-to-low spread represents a total annual volatility of 0.0083 BOB. From a start-to-finish perspective, comparing the January average rate of 0.0466 to the December average rate of 0.0523, the exchange rate registered a net change of 12.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0525 was down 24.71% compared to the 2022 peak of 0.0698, 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 263 BOB
2022 Average 297 BOB
Yearly Trough Low 221 BOB
Transaction Impact: A difference of 41.65 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0531
0.0438
JanuMarcMayJulySeptNove

HTG 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 0.0465, compared to 0.0513 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0048 points.

H1 Avg (Jan–Jun) 0.0465
H2 Avg (Jul–Dec) 0.0513

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0047 BOB (High: 0.0494 / Low: 0.0447). On the other end, November was the most stable month, with a tight range of 0.0003 BOB (High: 0.0522 / Low: 0.0519).

May Spread (Volatile) ±0.0047
November Spread (Stable) ±0.0003

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 0.0011 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0523) against the same month in 2022 (average: 0.0478), the exchange rate shifted by +0.0046 (+9.53%).

2023 Avg (December) 0.0523
2022 Avg (December) 0.0478

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0469 0.0462 0.0466
February 0.0463 0.0456 0.0460
March 0.0458 0.0444 0.0449
April 0.0455 0.0442 0.0446
May 0.0494 0.0447 0.0475
June 0.0499 0.0490 0.0496
July 0.0507 0.0496 0.0501
August 0.0510 0.0503 0.0508
September 0.0514 0.0506 0.0511
October 0.0520 0.0510 0.0515
November 0.0522 0.0519 0.0521
December 0.0525 0.0522 0.0523