YEARLY HIGH
0.3402 BND
YEARLY LOW
0.2972 BND
YEARLY AVERAGE
0.3201 BND

2023 PLN to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PLN to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on November 28, valuing the pair at 0.3402. Conversely, the yearly low was recorded on February 12, dropping to 0.2972.

This high-to-low spread represents a total annual volatility of 0.0429 BND. From a start-to-finish perspective, comparing the January average rate of 0.3062 to the December average rate of 0.3359, the exchange rate registered a net change of 9.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3402 was down 0.42% compared to the 2022 peak of 0.3416, 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 6,804 BND
2022 Average 6,202 BND
Yearly Trough Low 5,945 BND
Transaction Impact: A difference of 858.85 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3395
0.2969
JanuMarcMayJulySeptNove

PLN to BND 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 0.3124, compared to 0.3278 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0154 points.

H1 Avg (Jan–Jun) 0.3124
H2 Avg (Jul–Dec) 0.3278

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0187 BND (High: 0.3195 / Low: 0.3008). On the other end, May was the most stable month, with a tight range of 0.0054 BND (High: 0.3233 / Low: 0.3179).

January Spread (Volatile) ±0.0187
May Spread (Stable) ±0.0054

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 0.0142 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0142

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.3315) against the same month in 2022 (average: 0.3020), the exchange rate shifted by +0.0294 (+9.74%).

2023 Avg (November) 0.3315
2022 Avg (November) 0.3020

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3195 0.3008 0.3062
February 0.3074 0.2972 0.3005
March 0.3100 0.3004 0.3058
April 0.3220 0.3067 0.3144
May 0.3233 0.3179 0.3204
June 0.3341 0.3211 0.3272
July 0.3359 0.3280 0.3320
August 0.3341 0.3263 0.3305
September 0.3268 0.3111 0.3162
October 0.3283 0.3110 0.3207
November 0.3402 0.3243 0.3315
December 0.3401 0.3325 0.3359