YEARLY HIGH
0.0037 BBD
YEARLY LOW
0.0033 BBD
YEARLY AVERAGE
0.0034 BBD

2023 SDG to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SDG to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 20, valuing the pair at 0.0037. Conversely, the yearly low was recorded on October 9, dropping to 0.0033.

This high-to-low spread represents a total annual volatility of 0.0003 BBD. From a start-to-finish perspective, comparing the January average rate of 0.0035 to the December average rate of 0.0033, the exchange rate registered a net change of -4.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0037 was down 19.96% compared to the 2022 peak of 0.0046, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 18 BBD
2022 Average 20 BBD
Yearly Trough Low 17 BBD
Transaction Impact: A difference of 1.69 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0035
0.0033
JanuMarcMayJulySeptNove

SDG 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 0.0034, compared to 0.0033 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0034
H2 Avg (Jul–Dec) 0.0033

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0003 BBD (High: 0.0037 / Low: 0.0033). On the other end, December was the most stable month, with a tight range of 0.0000 BBD (High: 0.0033 / Low: 0.0033).

November Spread (Volatile) ±0.0003
December Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between August and November, 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 January and February, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0033) against the same month in 2022 (average: 0.0035), the exchange rate shifted by -0.0002 (-4.90%).

2023 Avg (November) 0.0033
2022 Avg (November) 0.0035

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0035 0.0034 0.0035
February 0.0034 0.0034 0.0034
March 0.0035 0.0034 0.0034
April 0.0035 0.0033 0.0033
May 0.0033 0.0033 0.0033
June 0.0033 0.0033 0.0033
July 0.0033 0.0033 0.0033
August 0.0033 0.0033 0.0033
September 0.0033 0.0033 0.0033
October 0.0033 0.0033 0.0033
November 0.0037 0.0033 0.0033
December 0.0033 0.0033 0.0033