2023 SZL to BOB Historical Review

YEARLY HIGH

0.4109 BOB

YEARLY LOW

0.3494 BOB

YEARLY AVERAGE

0.3750 BOB

2023 SZL to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SZL to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 0.4109. Conversely, the yearly low was recorded on June 1, dropping to 0.3494.

This high-to-low spread represents a total annual volatility of 0.0615 BOB. From a start-to-finish perspective, comparing the January average rate of 0.4040 to the December average rate of 0.3713, the exchange rate registered a net change of -8.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4109 was down 13.29% compared to the 2022 peak of 0.4738, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,054 BOB

2022 Average 2,115 BOB

Yearly Trough Low 1,747 BOB

Transaction Impact: A difference of 307.42 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4082

0.3580

JanuMarcMayJulySeptNove

SZL 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 0.3803, compared to 0.3697 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0106 points.

H1 Avg (Jan–Jun) 0.3803

H2 Avg (Jul–Dec) 0.3697

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0317 BOB (High: 0.3938 / Low: 0.3621). On the other end, September was the most stable month, with a tight range of 0.0099 BOB (High: 0.3692 / Low: 0.3593).

July Spread (Volatile) ±0.0317

September Spread (Stable) ±0.0099

Growth Streaks & Declines

Trends

Between May and July, 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 April and May, when the average rate fell by 0.0181 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0181

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.4040) against the same month in 2022 (average: 0.4453), the exchange rate shifted by -0.0412 (-9.26%).

2023 Avg (January) 0.4040

2022 Avg (January) 0.4453

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4109	0.3963	0.4040
February	0.4043	0.3743	0.3862
March	0.3878	0.3710	0.3781
April	0.3883	0.3759	0.3811
May	0.3779	0.3496	0.3630
June	0.3804	0.3494	0.3694
July	0.3938	0.3621	0.3791
August	0.3838	0.3546	0.3680
September	0.3692	0.3593	0.3645
October	0.3679	0.3547	0.3622
November	0.3808	0.3645	0.3729
December	0.3809	0.3618	0.3713