2023 TOP to BBD Historical Review

YEARLY HIGH

0.8656 BBD

YEARLY LOW

0.8297 BBD

YEARLY AVERAGE

0.8468 BBD

2023 TOP to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TOP to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 30, valuing the pair at 0.8656. Conversely, the yearly low was recorded on October 29, dropping to 0.8297.

This high-to-low spread represents a total annual volatility of 0.0360 BBD. From a start-to-finish perspective, comparing the January average rate of 0.8586 to the December average rate of 0.8511, the exchange rate registered a net change of -0.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8656 was down 2.72% compared to the 2022 peak of 0.8899, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,328 BBD

2022 Average 4,293 BBD

Yearly Trough Low 4,148 BBD

Transaction Impact: A difference of 179.85 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8610

0.8318

JanuMarcMayJulySeptNove

TOP 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 0.8514, compared to 0.8423 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0091 points.

H1 Avg (Jan–Jun) 0.8514

H2 Avg (Jul–Dec) 0.8423

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0182 BBD (High: 0.8651 / Low: 0.8468). On the other end, September was the most stable month, with a tight range of 0.0049 BBD (High: 0.8389 / Low: 0.8340).

February Spread (Volatile) ±0.0182

September Spread (Stable) ±0.0049

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 July and August, when the average rate fell by 0.0108 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0108

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.8586) against the same month in 2022 (average: 0.8789), the exchange rate shifted by -0.0203 (-2.31%).

2023 Avg (January) 0.8586

2022 Avg (January) 0.8789

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8656	0.8496	0.8586
February	0.8651	0.8468	0.8558
March	0.8526	0.8422	0.8480
April	0.8537	0.8446	0.8499
May	0.8544	0.8398	0.8478
June	0.8555	0.8398	0.8482
July	0.8616	0.8442	0.8518
August	0.8509	0.8359	0.8410
September	0.8389	0.8340	0.8364
October	0.8393	0.8297	0.8343
November	0.8485	0.8314	0.8391
December	0.8581	0.8455	0.8511