YEARLY HIGH
0.0238 BBD
YEARLY LOW
0.0224 BBD
YEARLY AVERAGE
0.0228 BBD

2023 KGS to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KGS to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 0.0238. Conversely, the yearly low was recorded on December 12, dropping to 0.0224.

This high-to-low spread represents a total annual volatility of 0.0014 BBD. From a start-to-finish perspective, comparing the January average rate of 0.0234 to the December average rate of 0.0224, the exchange rate registered a net change of -3.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0238 was down 5.45% compared to the 2022 peak of 0.0252, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 119 BBD
2022 Average 119 BBD
Yearly Trough Low 112 BBD
Transaction Impact: A difference of 6.99 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0235
0.0223
JanuMarcMayJulySeptNove

KGS 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 0.0230, compared to 0.0226 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0230
H2 Avg (Jul–Dec) 0.0226

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0006 BBD (High: 0.0238 / Low: 0.0232). On the other end, March was the most stable month, with a tight range of 0.0000 BBD (High: 0.0229 / Low: 0.0229).

January Spread (Volatile) ±0.0006
March Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between April and June, 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 January and February, when the average rate fell by 0.0004 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0234) against the same month in 2022 (average: 0.0236), the exchange rate shifted by -0.0002 (-0.92%).

2023 Avg (January) 0.0234
2022 Avg (January) 0.0236

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0238 0.0232 0.0234
February 0.0232 0.0229 0.0230
March 0.0229 0.0229 0.0229
April 0.0229 0.0229 0.0229
May 0.0229 0.0228 0.0229
June 0.0229 0.0228 0.0229
July 0.0229 0.0228 0.0228
August 0.0228 0.0227 0.0227
September 0.0227 0.0225 0.0226
October 0.0225 0.0224 0.0224
November 0.0226 0.0224 0.0224
December 0.0225 0.0224 0.0224