YEARLY HIGH
0.0055 SBD
YEARLY LOW
0.0005 SBD
YEARLY AVERAGE
0.0010 SBD

2023 LBP to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LBP to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 0.0055. Conversely, the yearly low was recorded on February 6, dropping to 0.0005.

This high-to-low spread represents a total annual volatility of 0.0050 SBD. From a start-to-finish perspective, comparing the January average rate of 0.0055 to the December average rate of 0.0006, the exchange rate registered a net change of -89.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0055 was down 2.11% compared to the 2022 peak of 0.0056, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 28 SBD
2022 Average 27 SBD
Yearly Trough Low 3 SBD
Transaction Impact: A difference of 24.87 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0059
0.0001
JanuMarcMayJulySeptNove

LBP to SBD 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 0.0015, compared to 0.0006 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0015
H2 Avg (Jul–Dec) 0.0006

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0049 SBD (High: 0.0055 / Low: 0.0005). On the other end, December was the most stable month, with a tight range of 0.0000 SBD (High: 0.0006 / Low: 0.0006).

February Spread (Volatile) ±0.0049
December Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0040 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0040

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0055) against the same month in 2022 (average: 0.0053), the exchange rate shifted by +0.0001 (+2.06%).

2023 Avg (January) 0.0055
2022 Avg (January) 0.0053

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0055 0.0054 0.0055
February 0.0055 0.0005 0.0014
March 0.0006 0.0005 0.0005
April 0.0006 0.0005 0.0005
May 0.0006 0.0005 0.0006
June 0.0006 0.0005 0.0006
July 0.0006 0.0005 0.0006
August 0.0006 0.0005 0.0006
September 0.0006 0.0006 0.0006
October 0.0006 0.0006 0.0006
November 0.0006 0.0006 0.0006
December 0.0006 0.0006 0.0006