YEARLY HIGH
2.5806 BOB
YEARLY LOW
2.5210 BOB
YEARLY AVERAGE
2.5560 BOB

2023 XCD to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XCD to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 2.5806. Conversely, the yearly low was recorded on March 19, dropping to 2.5210.

This high-to-low spread represents a total annual volatility of 0.0596 BOB. From a start-to-finish perspective, comparing the January average rate of 2.5569 to the December average rate of 2.5597, 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 2.5806 was up 0.09% compared to the 2022 peak of 2.5783, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,903 BOB
2022 Average 12,752 BOB
Yearly Trough Low 12,605 BOB
Transaction Impact: A difference of 297.96 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.5604
2.5527
JanuMarcMayJulySeptNove

XCD 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 2.5560, compared to 2.5560 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) 2.5560
H2 Avg (Jul–Dec) 2.5560

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0436 BOB (High: 2.5646 / Low: 2.5210). On the other end, January was the most stable month, with a tight range of 0.0109 BOB (High: 2.5591 / Low: 2.5482).

March Spread (Volatile) ±0.0436
January Spread (Stable) ±0.0109

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 0.0038 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0038

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 2.5571) against the same month in 2022 (average: 2.5464), the exchange rate shifted by +0.0107 (+0.42%).

2023 Avg (February) 2.5571
2022 Avg (February) 2.5464

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.5591 2.5482 2.5569
February 2.5806 2.5424 2.5571
March 2.5646 2.5210 2.5533
April 2.5683 2.5393 2.5564
May 2.5618 2.5490 2.5558
June 2.5665 2.5411 2.5564
July 2.5677 2.5326 2.5544
August 2.5667 2.5388 2.5568
September 2.5623 2.5477 2.5562
October 2.5623 2.5456 2.5550
November 2.5592 2.5359 2.5538
December 2.5706 2.5549 2.5597