YEARLY HIGH
0.1990 BND
YEARLY LOW
0.1890 BND
YEARLY AVERAGE
0.1944 BND

2023 BOB to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BOB to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.1990. Conversely, the yearly low was recorded on February 2, dropping to 0.1890.

This high-to-low spread represents a total annual volatility of 0.0099 BND. From a start-to-finish perspective, comparing the January average rate of 0.1920 to the December average rate of 0.1926, the exchange rate registered a net change of 0.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1990 was down 4.92% compared to the 2022 peak of 0.2093, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 995 BND
2022 Average 1,000 BND
Yearly Trough Low 945 BND
Transaction Impact: A difference of 49.66 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1988
0.1914
JanuMarcMayJulySeptNove

BOB to BND 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 0.1933, compared to 0.1954 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.1933
H2 Avg (Jul–Dec) 0.1954

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0062 BND (High: 0.1952 / Low: 0.1890). On the other end, October was the most stable month, with a tight range of 0.0019 BND (High: 0.1990 / Low: 0.1971).

February Spread (Volatile) ±0.0062
October Spread (Stable) ±0.0019

Growth Streaks & Declines

Trends

Between July and October, 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 October and November, when the average rate fell by 0.0029 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0029

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.1982) against the same month in 2022 (average: 0.2064), the exchange rate shifted by -0.0081 (-3.95%).

2023 Avg (October) 0.1982
2022 Avg (October) 0.2064

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1951 0.1898 0.1920
February 0.1952 0.1890 0.1927
March 0.1961 0.1918 0.1942
April 0.1935 0.1910 0.1925
May 0.1961 0.1917 0.1938
June 0.1965 0.1934 0.1948
July 0.1965 0.1910 0.1933
August 0.1966 0.1929 0.1955
September 0.1984 0.1954 0.1972
October 0.1990 0.1971 0.1982
November 0.1985 0.1928 0.1954
December 0.1944 0.1905 0.1926