YEARLY HIGH
0.5142 BBD
YEARLY LOW
0.4466 BBD
YEARLY AVERAGE
0.4769 BBD

2023 PLN to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PLN to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.5142. Conversely, the yearly low was recorded on February 22, dropping to 0.4466.

This high-to-low spread represents a total annual volatility of 0.0676 BBD. From a start-to-finish perspective, comparing the January average rate of 0.4615 to the December average rate of 0.5043, the exchange rate registered a net change of 9.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5142 was up 1.19% compared to the 2022 peak of 0.5081, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 10,283 BBD
2022 Average 9,006 BBD
Yearly Trough Low 8,932 BBD
Transaction Impact: A difference of 1,351.29 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5096
0.4459
JanuMarcMayJulySeptNove

PLN 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 0.4678, compared to 0.4860 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0182 points.

H1 Avg (Jan–Jun) 0.4678
H2 Avg (Jul–Dec) 0.4860

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0357 BBD (High: 0.5094 / Low: 0.4738). On the other end, May was the most stable month, with a tight range of 0.0137 BBD (High: 0.4861 / Low: 0.4724).

November Spread (Volatile) ±0.0357
May Spread (Stable) ±0.0137

Growth Streaks & Declines

Trends

Between February and July, 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 August and September, when the average rate fell by 0.0251 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0251

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.5043) against the same month in 2022 (average: 0.4527), the exchange rate shifted by +0.0516 (+11.41%).

2023 Avg (December) 0.5043
2022 Avg (December) 0.4527

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4834 0.4494 0.4615
February 0.4683 0.4466 0.4512
March 0.4664 0.4498 0.4565
April 0.4822 0.4621 0.4727
May 0.4861 0.4724 0.4786
June 0.4957 0.4762 0.4863
July 0.5064 0.4857 0.4977
August 0.4972 0.4824 0.4894
September 0.4825 0.4535 0.4643
October 0.4785 0.4522 0.4686
November 0.5094 0.4738 0.4917
December 0.5142 0.4965 0.5043