YEARLY HIGH
1.7763 BOB
YEARLY LOW
1.5417 BOB
YEARLY AVERAGE
1.6471 BOB

2023 PLN to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PLN to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 1.7763. Conversely, the yearly low was recorded on February 19, dropping to 1.5417.

This high-to-low spread represents a total annual volatility of 0.2346 BOB. From a start-to-finish perspective, comparing the January average rate of 1.5944 to the December average rate of 1.7443, the exchange rate registered a net change of 9.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.7763 was up 1.56% compared to the 2022 peak of 1.7491, 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 35,526 BOB
2022 Average 31,035 BOB
Yearly Trough Low 30,834 BOB
Transaction Impact: A difference of 4,692.34 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.7628
1.5406
JanuMarcMayJulySeptNove

PLN 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 1.6157, compared to 1.6785 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0628 points.

H1 Avg (Jan–Jun) 1.6157
H2 Avg (Jul–Dec) 1.6785

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.1229 BOB (High: 1.7588 / Low: 1.6359). On the other end, May was the most stable month, with a tight range of 0.0494 BOB (High: 1.6808 / Low: 1.6314).

November Spread (Volatile) ±0.1229
May Spread (Stable) ±0.0494

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 0.0872 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0872

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 1.7443) against the same month in 2022 (average: 1.5646), the exchange rate shifted by +0.1797 (+11.48%).

2023 Avg (December) 1.7443
2022 Avg (December) 1.5646

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.6698 1.5536 1.5944
February 1.6179 1.5417 1.5591
March 1.6118 1.5455 1.5749
April 1.6660 1.5932 1.6330
May 1.6808 1.6314 1.6531
June 1.7125 1.6453 1.6799
July 1.7490 1.6785 1.7178
August 1.7168 1.6667 1.6908
September 1.6683 1.5684 1.6036
October 1.6527 1.5631 1.6177
November 1.7588 1.6359 1.6970
December 1.7763 1.7160 1.7443