2023 BIF to BWP Historical Review

YEARLY HIGH

0.0065 BWP

YEARLY LOW

0.0046 BWP

YEARLY AVERAGE

0.0054 BWP

2023 BIF to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BIF to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 18, valuing the pair at 0.0065. Conversely, the yearly low was recorded on July 27, dropping to 0.0046.

This high-to-low spread represents a total annual volatility of 0.0019 BWP. From a start-to-finish perspective, comparing the January average rate of 0.0062 to the December average rate of 0.0047, the exchange rate registered a net change of -23.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0065 was down 0.82% compared to the 2022 peak of 0.0066, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 33 BWP

2022 Average 30 BWP

Yearly Trough Low 23 BWP

Transaction Impact: A difference of 9.69 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0065

0.0045

JanuMarcMayJulySeptNove

BIF to BWP 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 0.0059, compared to 0.0048 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0059

H2 Avg (Jul–Dec) 0.0048

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0017 BWP (High: 0.0065 / Low: 0.0048). On the other end, September was the most stable month, with a tight range of 0.0001 BWP (High: 0.0049 / Low: 0.0048).

May Spread (Volatile) ±0.0017

September Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0010 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.0057) against the same month in 2022 (average: 0.0060), the exchange rate shifted by -0.0002 (-3.66%).

2023 Avg (May) 0.0057

2022 Avg (May) 0.0060

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0063	0.0061	0.0062
February	0.0065	0.0061	0.0063
March	0.0065	0.0062	0.0064
April	0.0064	0.0062	0.0063
May	0.0065	0.0048	0.0057
June	0.0049	0.0047	0.0048
July	0.0048	0.0046	0.0047
August	0.0048	0.0047	0.0048
September	0.0049	0.0048	0.0048
October	0.0049	0.0048	0.0048
November	0.0048	0.0047	0.0048
December	0.0048	0.0047	0.0047