YEARLY HIGH
10.2059 BWP
YEARLY LOW
9.4986 BWP
YEARLY AVERAGE
9.9465 BWP

2023 BND to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BND to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on June 1, valuing the pair at 10.2059. Conversely, the yearly low was recorded on January 4, dropping to 9.4986.

This high-to-low spread represents a total annual volatility of 0.7073 BWP. From a start-to-finish perspective, comparing the January average rate of 9.6271 to the December average rate of 10.1373, the exchange rate registered a net change of 5.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 10.2059 was up 6.25% compared to the 2022 peak of 9.6058, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 51,030 BWP
2022 Average 44,846 BWP
Yearly Trough Low 47,493 BWP
Transaction Impact: A difference of 3,536.54 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

10.1883
9.5760
JanuMarcMayJulySeptNove

BND 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 9.8721, compared to 10.0209 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1488 points.

H1 Avg (Jan–Jun) 9.8721
H2 Avg (Jul–Dec) 10.0209

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.3353 BWP (High: 10.2059 / Low: 9.8706). On the other end, September was the most stable month, with a tight range of 0.1061 BWP (High: 10.0739 / Low: 9.9677).

June Spread (Volatile) ±0.3353
September Spread (Stable) ±0.1061

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0713 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0713

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 9.9888) against the same month in 2022 (average: 8.7745), the exchange rate shifted by +1.2143 (+13.84%).

2023 Avg (June) 9.9888
2022 Avg (June) 8.7745

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9.7708 9.4986 9.6271
February 9.8965 9.7149 9.8237
March 9.9693 9.7995 9.8665
April 9.9457 9.7995 9.8668
May 10.1910 9.9041 10.0601
June 10.2059 9.8706 9.9888
July 10.0401 9.7819 9.9202
August 10.0569 9.9065 9.9913
September 10.0739 9.9677 10.0172
October 10.1339 9.9795 10.0354
November 10.1636 9.9269 10.0240
December 10.2012 10.0254 10.1373