YEARLY HIGH
1396.3485 CDF
YEARLY LOW
1013.5000 CDF
YEARLY AVERAGE
1167.5913 CDF

2023 BBD to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BBD to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 1396.3485. Conversely, the yearly low was recorded on January 18, dropping to 1013.5000.

This high-to-low spread represents a total annual volatility of 382.8485 CDF. From a start-to-finish perspective, comparing the January average rate of 1024.3640 to the December average rate of 1361.2711, the exchange rate registered a net change of 32.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1396.3485 was up 35.08% compared to the 2022 peak of 1033.7315, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,981,743 CDF
2022 Average 5,049,286 CDF
Yearly Trough Low 5,067,500 CDF
Transaction Impact: A difference of 1,914,242.75 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1394.9618
990.6733
JanuMarcMayJulySeptNove

BBD 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 1067.4372, compared to 1267.7454 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 200.3082 points.

H1 Avg (Jan–Jun) 1067.4372
H2 Avg (Jul–Dec) 1267.7454

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 147.0915 CDF (High: 1167.5000 / Low: 1020.4085). On the other end, February was the most stable month, with a tight range of 18.3018 CDF (High: 1040.8018 / Low: 1022.5000).

May Spread (Volatile) ±147.0915
February Spread (Stable) ±18.3018

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 1361.2711) against the same month in 2022 (average: 1022.8021), the exchange rate shifted by +338.4690 (+33.09%).

2023 Avg (December) 1361.2711
2022 Avg (December) 1022.8021

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1035.3885 1013.5000 1024.3640
February 1040.8018 1022.5000 1031.2539
March 1043.4486 1022.5000 1033.9847
April 1092.3254 1023.0000 1040.6304
May 1167.5000 1020.4085 1094.2839
June 1205.0000 1162.5000 1180.1064
July 1275.0000 1205.0000 1234.5224
August 1245.1865 1220.0000 1238.1132
September 1251.5297 1228.9141 1241.8666
October 1298.7500 1235.5039 1259.1351
November 1361.4185 1230.3191 1271.5641
December 1396.3485 1332.5000 1361.2711