2023 BGN to CDF Historical Review

YEARLY HIGH

1571.9247 CDF

YEARLY LOW

1098.9306 CDF

YEARLY AVERAGE

1291.8846 CDF

2023 BGN to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BGN to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 1571.9247. Conversely, the yearly low was recorded on January 5, dropping to 1098.9306.

This high-to-low spread represents a total annual volatility of 472.9940 CDF. From a start-to-finish perspective, comparing the January average rate of 1129.6423 to the December average rate of 1520.1157, the exchange rate registered a net change of 34.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1571.9247 was up 33.43% compared to the 2022 peak of 1178.0650, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,859,623 CDF

2022 Average 5,439,188 CDF

Yearly Trough Low 5,494,653 CDF

Transaction Impact: A difference of 2,364,970.25 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1559.3076

1089.0047

JanuMarcMayJulySeptNove

BGN 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 1180.3859, compared to 1403.3833 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 222.9974 points.

H1 Avg (Jan–Jun) 1180.3859

H2 Avg (Jul–Dec) 1403.3833

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 169.2320 CDF (High: 1515.8368 / Low: 1346.6048). On the other end, September was the most stable month, with a tight range of 34.2906 CDF (High: 1371.8159 / Low: 1337.5253).

November Spread (Volatile) ±169.2320

September Spread (Stable) ±34.2906

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 25.2827 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -25.2827

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 1520.1157) against the same month in 2022 (average: 1106.7675), the exchange rate shifted by +413.3483 (+37.35%).

2023 Avg (December) 1520.1157

2022 Avg (December) 1106.7675

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1151.8651	1098.9306	1129.6423
February	1148.8575	1102.9134	1128.1967
March	1157.6575	1111.5369	1132.5759
April	1233.3601	1138.6631	1167.8731
May	1282.3896	1134.6078	1215.3834
June	1344.4497	1272.5995	1308.6441
July	1445.5168	1344.4497	1396.0798
August	1397.7129	1360.3969	1381.1211
September	1371.8159	1337.5253	1355.8385
October	1403.5230	1327.5393	1360.3769
November	1515.8368	1346.6048	1406.7678
December	1571.9247	1471.7040	1520.1157

2023 BGN నుండి CDF చారిత్రక సమీక్ష