YEARLY HIGH
2.7360 BZD
YEARLY LOW
2.6402 BZD
YEARLY AVERAGE
2.6889 BZD

2023 XDR to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XDR to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 2.7360. Conversely, the yearly low was recorded on October 16, dropping to 2.6402.

This high-to-low spread represents a total annual volatility of 0.0957 BZD. From a start-to-finish perspective, comparing the January average rate of 2.7081 to the December average rate of 2.6910, the exchange rate registered a net change of -0.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.7360 was down 4.00% compared to the 2022 peak of 2.8500, 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 13,680 BZD
2022 Average 13,821 BZD
Yearly Trough Low 13,201 BZD
Transaction Impact: A difference of 478.74 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.7251
2.6380
JanuMarcMayJulySeptNove

XDR to BZD 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 2.7013, compared to 2.6765 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0248 points.

H1 Avg (Jan–Jun) 2.7013
H2 Avg (Jul–Dec) 2.6765

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0626 BZD (High: 2.7360 / Low: 2.6734). On the other end, October was the most stable month, with a tight range of 0.0105 BZD (High: 2.6507 / Low: 2.6402).

February Spread (Volatile) ±0.0626
October Spread (Stable) ±0.0105

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 0.0267 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0267

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 2.7000) against the same month in 2022 (average: 2.8275), the exchange rate shifted by -0.1274 (-4.51%).

2023 Avg (February) 2.7000
2022 Avg (February) 2.8275

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.7265 2.6734 2.7081
February 2.7360 2.6734 2.7000
March 2.7080 2.6609 2.6829
April 2.7304 2.7042 2.7179
May 2.7257 2.6839 2.7091
June 2.7030 2.6812 2.6899
July 2.7304 2.6796 2.7055
August 2.7280 2.6743 2.6910
September 2.6810 2.6430 2.6643
October 2.6507 2.6402 2.6452
November 2.6837 2.6410 2.6621
December 2.7053 2.6761 2.6910