2023 SBD to CDF Historical Review

YEARLY HIGH

331.5173 CDF

YEARLY LOW

244.5379 CDF

YEARLY AVERAGE

279.6118 CDF

2023 SBD to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SBD to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 331.5173. Conversely, the yearly low was recorded on January 13, dropping to 244.5379.

This high-to-low spread represents a total annual volatility of 86.9794 CDF. From a start-to-finish perspective, comparing the January average rate of 247.8978 to the December average rate of 321.9145, the exchange rate registered a net change of 29.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 331.5173 was up 31.04% compared to the 2022 peak of 252.9923, 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 1,657,587 CDF

2022 Average 1,240,975 CDF

Yearly Trough Low 1,222,690 CDF

Transaction Impact: A difference of 434,897.09 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

329.3162

240.4962

JanuMarcMayJulySeptNove

SBD to CDF 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 257.7746, compared to 301.4489 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 43.6743 points.

H1 Avg (Jan–Jun) 257.7746

H2 Avg (Jul–Dec) 301.4489

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 35.0922 CDF (High: 280.1805 / Low: 245.0884). On the other end, September was the most stable month, with a tight range of 5.5113 CDF (High: 297.5461 / Low: 292.0348).

May Spread (Volatile) ±35.0922

September Spread (Stable) ±5.5113

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.3127 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.3127

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 321.9145) against the same month in 2022 (average: 248.6995), the exchange rate shifted by +73.2150 (+29.44%).

2023 Avg (December) 321.9145

2022 Avg (December) 248.6995

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	251.3785	244.5379	247.8978
February	253.2542	247.5589	250.5007
March	254.2609	247.3774	251.2913
April	262.9795	246.6253	250.9786
May	280.1805	245.0884	262.8309
June	289.2891	278.7057	283.1483
July	304.1936	289.2891	295.1445
August	297.5786	291.8036	295.8913
September	297.5461	292.0348	295.6929
October	307.7544	292.6645	298.6150
November	321.2717	291.1562	301.4352
December	331.5173	314.4474	321.9145