YEARLY HIGH
0.2440 BBD
YEARLY LOW
0.2354 BBD
YEARLY AVERAGE
0.2397 BBD

2023 SBD to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SBD to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 0.2440. Conversely, the yearly low was recorded on October 25, dropping to 0.2354.

This high-to-low spread represents a total annual volatility of 0.0086 BBD. From a start-to-finish perspective, comparing the January average rate of 0.2420 to the December average rate of 0.2365, the exchange rate registered a net change of -2.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2440 was down 2.48% compared to the 2022 peak of 0.2502, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 SBD based on timing:

Yearly Peak High 1,220 BBD
2022 Average 1,229 BBD
Yearly Trough Low 1,177 BBD
Transaction Impact: A difference of 42.96 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2437
0.2358
JanuMarcMayJulySeptNove

SBD 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 0.2415, compared to 0.2378 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0037 points.

H1 Avg (Jan–Jun) 0.2415
H2 Avg (Jul–Dec) 0.2378

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0046 BBD (High: 0.2401 / Low: 0.2355). On the other end, August was the most stable month, with a tight range of 0.0010 BBD (High: 0.2396 / Low: 0.2386).

July Spread (Volatile) ±0.0046
August Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0018 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.2429) against the same month in 2022 (average: 0.2473), the exchange rate shifted by -0.0044 (-1.76%).

2023 Avg (February) 0.2429
2022 Avg (February) 0.2473

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2435 0.2410 0.2420
February 0.2440 0.2419 0.2429
March 0.2439 0.2419 0.2430
April 0.2429 0.2400 0.2412
May 0.2410 0.2398 0.2402
June 0.2404 0.2394 0.2399
July 0.2401 0.2355 0.2391
August 0.2396 0.2386 0.2390
September 0.2390 0.2366 0.2381
October 0.2386 0.2354 0.2372
November 0.2389 0.2355 0.2371
December 0.2376 0.2356 0.2365