2023 LRD to BOB Historical Review

YEARLY HIGH

0.0454 BOB

YEARLY LOW

0.0365 BOB

YEARLY AVERAGE

0.0398 BOB

2023 LRD to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LRD to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.0454. Conversely, the yearly low was recorded on November 5, dropping to 0.0365.

This high-to-low spread represents a total annual volatility of 0.0088 BOB. From a start-to-finish perspective, comparing the January average rate of 0.0445 to the December average rate of 0.0368, the exchange rate registered a net change of -17.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0454 was down 4.56% compared to the 2022 peak of 0.0475, 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 227 BOB

2022 Average 225 BOB

Yearly Trough Low 183 BOB

Transaction Impact: A difference of 44.06 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0452

0.0360

JanuMarcMayJulySeptNove

LRD 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 0.0425, compared to 0.0370 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0055 points.

H1 Avg (Jan–Jun) 0.0425

H2 Avg (Jul–Dec) 0.0370

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0028 BOB (High: 0.0451 / Low: 0.0423). On the other end, October was the most stable month, with a tight range of 0.0003 BOB (High: 0.0371 / Low: 0.0368).

March Spread (Volatile) ±0.0028

October Spread (Stable) ±0.0003

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 0.0020 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0442) against the same month in 2022 (average: 0.0448), the exchange rate shifted by -0.0006 (-1.35%).

2023 Avg (February) 0.0442

2022 Avg (February) 0.0448

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0449	0.0441	0.0445
February	0.0454	0.0435	0.0442
March	0.0451	0.0423	0.0433
April	0.0427	0.0418	0.0424
May	0.0418	0.0408	0.0414
June	0.0409	0.0384	0.0396
July	0.0384	0.0370	0.0376
August	0.0372	0.0368	0.0371
September	0.0372	0.0369	0.0371
October	0.0371	0.0368	0.0369
November	0.0369	0.0365	0.0367
December	0.0370	0.0367	0.0368