YEARLY HIGH
6.9743 BOB
YEARLY LOW
6.8132 BOB
YEARLY AVERAGE
6.9077 BOB

2023 USD to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the USD to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 6.9743. Conversely, the yearly low was recorded on March 19, dropping to 6.8132.

This high-to-low spread represents a total annual volatility of 0.1611 BOB. From a start-to-finish perspective, comparing the January average rate of 6.9101 to the December average rate of 6.9178, the exchange rate registered a net change of 0.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 6.9743 was up 0.09% compared to the 2022 peak of 6.9680, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 34,871 BOB
2022 Average 34,464 BOB
Yearly Trough Low 34,066 BOB
Transaction Impact: A difference of 805.26 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

6.9195
6.8987
JanuMarcMayJulySeptNove

USD 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 6.9077, compared to 6.9077 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 6.9077
H2 Avg (Jul–Dec) 6.9077

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.1177 BOB (High: 6.9310 / Low: 6.8132). On the other end, January was the most stable month, with a tight range of 0.0294 BOB (High: 6.9161 / Low: 6.8868).

March Spread (Volatile) ±0.1177
January Spread (Stable) ±0.0294

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0104 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0104

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 6.9108) against the same month in 2022 (average: 6.8819), the exchange rate shifted by +0.0289 (+0.42%).

2023 Avg (February) 6.9108
2022 Avg (February) 6.8819

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6.9161 6.8868 6.9101
February 6.9743 6.8711 6.9108
March 6.9310 6.8132 6.9004
April 6.9410 6.8625 6.9087
May 6.9233 6.8888 6.9072
June 6.9361 6.8675 6.9089
July 6.9392 6.8446 6.9034
August 6.9365 6.8613 6.9098
September 6.9249 6.8853 6.9084
October 6.9249 6.8795 6.9050
November 6.9163 6.8533 6.9019
December 6.9472 6.9047 6.9178