2023 ZAR to BZD Historical Review

YEARLY HIGH

0.1204 BZD

YEARLY LOW

0.1019 BZD

YEARLY AVERAGE

0.1093 BZD

2023 ZAR to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ZAR to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 0.1204. Conversely, the yearly low was recorded on May 25, dropping to 0.1019.

This high-to-low spread represents a total annual volatility of 0.0185 BZD. From a start-to-finish perspective, comparing the January average rate of 0.1180 to the December average rate of 0.1085, the exchange rate registered a net change of -8.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1204 was down 13.43% compared to the 2022 peak of 0.1390, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 6,018 BZD

2022 Average 6,181 BZD

Yearly Trough Low 5,093 BZD

Transaction Impact: A difference of 925.51 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1193

0.1043

JanuMarcMayJulySeptNove

ZAR 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 0.1108, compared to 0.1079 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0029 points.

H1 Avg (Jan–Jun) 0.1108

H2 Avg (Jul–Dec) 0.1079

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0094 BZD (High: 0.1149 / Low: 0.1054). On the other end, September was the most stable month, with a tight range of 0.0026 BZD (High: 0.1075 / Low: 0.1048).

July Spread (Volatile) ±0.0094

September Spread (Stable) ±0.0026

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 January and February, when the average rate fell by 0.0055 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0055

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1180) against the same month in 2022 (average: 0.1300), the exchange rate shifted by -0.0120 (-9.22%).

2023 Avg (January) 0.1180

2022 Avg (January) 0.1300

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1204	0.1158	0.1180
February	0.1182	0.1093	0.1125
March	0.1134	0.1058	0.1101
April	0.1133	0.1087	0.1109
May	0.1101	0.1019	0.1055
June	0.1109	0.1027	0.1076
July	0.1149	0.1054	0.1106
August	0.1103	0.1051	0.1073
September	0.1075	0.1048	0.1063
October	0.1081	0.1030	0.1058
November	0.1109	0.1067	0.1086
December	0.1105	0.1057	0.1085