YEARLY HIGH
0.5431 BOB
YEARLY LOW
0.4837 BOB
YEARLY AVERAGE
0.5142 BOB

2023 SCR to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SCR to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on September 20, valuing the pair at 0.5431. Conversely, the yearly low was recorded on July 12, dropping to 0.4837.

This high-to-low spread represents a total annual volatility of 0.0594 BOB. From a start-to-finish perspective, comparing the January average rate of 0.5105 to the December average rate of 0.5151, the exchange rate registered a net change of 0.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5431 was down 0.06% compared to the 2022 peak of 0.5434, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,715 BOB
2022 Average 2,545 BOB
Yearly Trough Low 2,418 BOB
Transaction Impact: A difference of 297.04 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5280
0.5022
JanuMarcMayJulySeptNove

SCR 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 0.5102, compared to 0.5182 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0080 points.

H1 Avg (Jan–Jun) 0.5102
H2 Avg (Jul–Dec) 0.5182

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0475 BOB (High: 0.5312 / Low: 0.4837). On the other end, August was the most stable month, with a tight range of 0.0199 BOB (High: 0.5257 / Low: 0.5058).

July Spread (Volatile) ±0.0475
August Spread (Stable) ±0.0199

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0076 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0076

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.5259) against the same month in 2022 (average: 0.5152), the exchange rate shifted by +0.0106 (+2.06%).

2023 Avg (September) 0.5259
2022 Avg (September) 0.5152

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5352 0.4888 0.5105
February 0.5306 0.4878 0.5102
March 0.5313 0.4911 0.5129
April 0.5352 0.4927 0.5116
May 0.5263 0.4910 0.5118
June 0.5264 0.4881 0.5044
July 0.5312 0.4837 0.5167
August 0.5257 0.5058 0.5167
September 0.5431 0.5071 0.5259
October 0.5423 0.5011 0.5183
November 0.5303 0.5030 0.5168
December 0.5360 0.4952 0.5151