YEARLY HIGH
0.8508 BOB
YEARLY LOW
0.8110 BOB
YEARLY AVERAGE
0.8278 BOB

2023 SBD to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SBD to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.8508. Conversely, the yearly low was recorded on November 26, dropping to 0.8110.

This high-to-low spread represents a total annual volatility of 0.0399 BOB. From a start-to-finish perspective, comparing the January average rate of 0.8361 to the December average rate of 0.8180, the exchange rate registered a net change of -2.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8508 was down 2.16% compared to the 2022 peak of 0.8696, 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 4,254 BOB
2022 Average 4,235 BOB
Yearly Trough Low 4,055 BOB
Transaction Impact: A difference of 199.26 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8415
0.8158
JanuMarcMayJulySeptNove

SBD 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 0.8342, compared to 0.8214 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0129 points.

H1 Avg (Jan–Jun) 0.8342
H2 Avg (Jul–Dec) 0.8214

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0195 BOB (High: 0.8508 / Low: 0.8313). On the other end, June was the most stable month, with a tight range of 0.0061 BOB (High: 0.8316 / Low: 0.8254).

February Spread (Volatile) ±0.0195
June Spread (Stable) ±0.0061

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0054 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0054

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.8394) against the same month in 2022 (average: 0.8508), the exchange rate shifted by -0.0115 (-1.35%).

2023 Avg (February) 0.8394
2022 Avg (February) 0.8508

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8416 0.8298 0.8361
February 0.8508 0.8313 0.8394
March 0.8440 0.8309 0.8385
April 0.8393 0.8261 0.8331
May 0.8326 0.8262 0.8295
June 0.8316 0.8254 0.8288
July 0.8313 0.8138 0.8252
August 0.8289 0.8199 0.8257
September 0.8269 0.8172 0.8225
October 0.8260 0.8117 0.8188
November 0.8235 0.8110 0.8181
December 0.8241 0.8140 0.8180