YEARLY HIGH
0.5182 BZD
YEARLY LOW
0.4497 BZD
YEARLY AVERAGE
0.4804 BZD

2023 PLN to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PLN to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.5182. Conversely, the yearly low was recorded on February 19, dropping to 0.4497.

This high-to-low spread represents a total annual volatility of 0.0685 BZD. From a start-to-finish perspective, comparing the January average rate of 0.4651 to the December average rate of 0.5088, the exchange rate registered a net change of 9.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5182 was up 1.19% compared to the 2022 peak of 0.5121, 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 10,364 BZD
2022 Average 9,076 BZD
Yearly Trough Low 8,994 BZD
Transaction Impact: A difference of 1,369.12 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5142
0.4494
JanuMarcMayJulySeptNove

PLN 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 0.4712, compared to 0.4896 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0185 points.

H1 Avg (Jan–Jun) 0.4712
H2 Avg (Jul–Dec) 0.4896

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0358 BZD (High: 0.5131 / Low: 0.4773). On the other end, May was the most stable month, with a tight range of 0.0144 BZD (High: 0.4903 / Low: 0.4759).

November Spread (Volatile) ±0.0358
May Spread (Stable) ±0.0144

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 0.0254 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0254

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.5088) against the same month in 2022 (average: 0.4563), the exchange rate shifted by +0.0524 (+11.49%).

2023 Avg (December) 0.5088
2022 Avg (December) 0.4563

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4871 0.4532 0.4651
February 0.4720 0.4497 0.4548
March 0.4702 0.4508 0.4589
April 0.4860 0.4647 0.4760
May 0.4903 0.4759 0.4822
June 0.4995 0.4799 0.4900
July 0.5102 0.4896 0.5010
August 0.5008 0.4862 0.4932
September 0.4867 0.4575 0.4678
October 0.4821 0.4560 0.4719
November 0.5131 0.4773 0.4950
December 0.5182 0.5006 0.5088