YEARLY HIGH
9.4596 BOB
YEARLY LOW
9.0511 BOB
YEARLY AVERAGE
9.2196 BOB

2023 XDR to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XDR to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 9.4596. Conversely, the yearly low was recorded on October 16, dropping to 9.0511.

This high-to-low spread represents a total annual volatility of 0.4085 BOB. From a start-to-finish perspective, comparing the January average rate of 9.2835 to the December average rate of 9.2259, the exchange rate registered a net change of -0.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 9.4596 was down 3.37% compared to the 2022 peak of 9.7896, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 47,298 BOB
2022 Average 47,264 BOB
Yearly Trough Low 45,256 BOB
Transaction Impact: A difference of 2,042.55 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

9.3506
9.0423
JanuMarcMayJulySeptNove

XDR 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 9.2635, compared to 9.1758 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0876 points.

H1 Avg (Jan–Jun) 9.2635
H2 Avg (Jul–Dec) 9.1758

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.2146 BOB (High: 9.3792 / Low: 9.1646). On the other end, October was the most stable month, with a tight range of 0.0363 BOB (High: 9.0874 / Low: 9.0511).

February Spread (Volatile) ±0.2146
October Spread (Stable) ±0.0363

Growth Streaks & Declines

Trends

Between October and December, 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 August and September, when the average rate fell by 0.0916 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0916

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 9.3249) against the same month in 2022 (average: 9.5337), the exchange rate shifted by -0.2088 (-2.19%).

2023 Avg (April) 9.3249
2022 Avg (April) 9.5337

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9.3464 9.1643 9.2835
February 9.3792 9.1646 9.2561
March 9.2838 9.1637 9.2074
April 9.4596 9.2704 9.3249
May 9.3425 9.2004 9.2877
June 9.2663 9.1914 9.2212
July 9.3799 9.1859 9.2770
August 9.3520 9.1672 9.2248
September 9.1909 9.0605 9.1332
October 9.0874 9.0511 9.0680
November 9.2001 9.0532 9.1261
December 9.2961 9.1736 9.2259