2023 LRD to BBD Historical Review

YEARLY HIGH

0.0130 BBD

YEARLY LOW

0.0106 BBD

YEARLY AVERAGE

0.0115 BBD

2023 LRD to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LRD to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 22, valuing the pair at 0.0130. Conversely, the yearly low was recorded on December 31, dropping to 0.0106.

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 0.0129 to the December average rate of 0.0106, the exchange rate registered a net change of -17.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0130 was down 5.63% compared to the 2022 peak of 0.0138, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 65 BBD

2022 Average 65 BBD

Yearly Trough Low 53 BBD

Transaction Impact: A difference of 11.97 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0131

0.0104

JanuMarcMayJulySeptNove

LRD 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 0.0123, compared to 0.0107 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.0123

H2 Avg (Jul–Dec) 0.0107

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0007 BBD (High: 0.0118 / Low: 0.0111). On the other end, November was the most stable month, with a tight range of 0.0000 BBD (High: 0.0107 / Low: 0.0106).

June Spread (Volatile) ±0.0007

November Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0006 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0129) against the same month in 2022 (average: 0.0134), the exchange rate shifted by -0.0005 (-3.86%).

2023 Avg (January) 0.0129

2022 Avg (January) 0.0134

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0130	0.0128	0.0129
February	0.0130	0.0126	0.0128
March	0.0130	0.0123	0.0125
April	0.0123	0.0121	0.0123
May	0.0121	0.0118	0.0120
June	0.0118	0.0111	0.0115
July	0.0111	0.0107	0.0109
August	0.0108	0.0107	0.0107
September	0.0108	0.0107	0.0107
October	0.0107	0.0107	0.0107
November	0.0107	0.0106	0.0106
December	0.0107	0.0106	0.0106