YEARLY HIGH
0.1220 BMD
YEARLY LOW
0.1177 BMD
YEARLY AVERAGE
0.1198 BMD

2023 SBD to BMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SBD to BMD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 0.1220. Conversely, the yearly low was recorded on October 25, dropping to 0.1177.

This high-to-low spread represents a total annual volatility of 0.0043 BMD. From a start-to-finish perspective, comparing the January average rate of 0.1210 to the December average rate of 0.1182, 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 0.1220 was down 2.48% compared to the 2022 peak of 0.1251, 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 610 BMD
2022 Average 614 BMD
Yearly Trough Low 588 BMD
Transaction Impact: A difference of 21.48 BMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1218
0.1179
JanuMarcMayJulySeptNove

SBD to BMD 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 0.1208, compared to 0.1189 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.1208
H2 Avg (Jul–Dec) 0.1189

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0023 BMD (High: 0.1200 / Low: 0.1177). On the other end, August was the most stable month, with a tight range of 0.0005 BMD (High: 0.1198 / Low: 0.1193).

July Spread (Volatile) ±0.0023
August Spread (Stable) ±0.0005

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 0.0009 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.1215) against the same month in 2022 (average: 0.1236), the exchange rate shifted by -0.0022 (-1.76%).

2023 Avg (February) 0.1215
2022 Avg (February) 0.1236

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1217 0.1205 0.1210
February 0.1220 0.1210 0.1215
March 0.1220 0.1210 0.1215
April 0.1215 0.1200 0.1206
May 0.1205 0.1199 0.1201
June 0.1202 0.1197 0.1200
July 0.1200 0.1177 0.1195
August 0.1198 0.1193 0.1195
September 0.1195 0.1183 0.1191
October 0.1193 0.1177 0.1186
November 0.1194 0.1177 0.1185
December 0.1188 0.1178 0.1182