YEARLY HIGH
0.0132 BZD
YEARLY LOW
0.0107 BZD
YEARLY AVERAGE
0.0116 BZD

2023 LRD to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LRD to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.0132. Conversely, the yearly low was recorded on November 5, dropping to 0.0107.

This high-to-low spread represents a total annual volatility of 0.0026 BZD. From a start-to-finish perspective, comparing the January average rate of 0.0130 to the December average rate of 0.0107, 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 0.0132 was down 4.77% compared to the 2022 peak of 0.0139, 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 66 BZD
2022 Average 66 BZD
Yearly Trough Low 53 BZD
Transaction Impact: A difference of 12.85 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0132
0.0105
JanuMarcMayJulySeptNove

LRD to BZD 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 0.0124, compared to 0.0108 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) 0.0124
H2 Avg (Jul–Dec) 0.0108

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0008 BZD (High: 0.0131 / Low: 0.0123). On the other end, October was the most stable month, with a tight range of 0.0001 BZD (High: 0.0108 / Low: 0.0107).

March Spread (Volatile) ±0.0008
October Spread (Stable) ±0.0001

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 (February 2023: 0.0129) against the same month in 2022 (average: 0.0131), the exchange rate shifted by -0.0002 (-1.74%).

2023 Avg (February) 0.0129
2022 Avg (February) 0.0131

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0131 0.0129 0.0130
February 0.0132 0.0127 0.0129
March 0.0131 0.0123 0.0126
April 0.0124 0.0120 0.0123
May 0.0122 0.0119 0.0121
June 0.0119 0.0112 0.0115
July 0.0112 0.0108 0.0110
August 0.0108 0.0107 0.0108
September 0.0109 0.0108 0.0108
October 0.0108 0.0107 0.0108
November 0.0108 0.0107 0.0107
December 0.0108 0.0107 0.0107