2023 BOB to BWP Historical Review

YEARLY HIGH

2.0099 BWP

YEARLY LOW

1.8342 BWP

YEARLY AVERAGE

1.9333 BWP

2023 BOB to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BOB to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 5, valuing the pair at 2.0099. Conversely, the yearly low was recorded on January 13, dropping to 1.8342.

This high-to-low spread represents a total annual volatility of 0.1757 BWP. From a start-to-finish perspective, comparing the January average rate of 1.8486 to the December average rate of 1.9524, the exchange rate registered a net change of 5.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.0099 was up 2.50% compared to the 2022 peak of 1.9610, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,050 BWP

2022 Average 8,974 BWP

Yearly Trough Low 9,171 BWP

Transaction Impact: A difference of 878.59 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.0033

1.8345

JanuMarcMayJulySeptNove

BOB 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 1.9089, compared to 1.9577 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0488 points.

H1 Avg (Jan–Jun) 1.9089

H2 Avg (Jul–Dec) 1.9577

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0920 BWP (High: 1.9962 / Low: 1.9043). On the other end, January was the most stable month, with a tight range of 0.0308 BWP (High: 1.8650 / Low: 1.8342).

May Spread (Volatile) ±0.0920

January Spread (Stable) ±0.0308

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 October and November, when the average rate fell by 0.0310 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0310

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 1.9892) against the same month in 2022 (average: 1.9356), the exchange rate shifted by +0.0537 (+2.77%).

2023 Avg (October) 1.9892

2022 Avg (October) 1.9356

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.8650	1.8342	1.8486
February	1.9283	1.8366	1.8934
March	1.9410	1.8840	1.9157
April	1.9167	1.8821	1.8997
May	1.9962	1.9043	1.9502
June	1.9961	1.9143	1.9457
July	1.9636	1.8782	1.9178
August	1.9730	1.9117	1.9528
September	1.9935	1.9544	1.9754
October	2.0099	1.9730	1.9892
November	1.9758	1.9359	1.9583
December	1.9824	1.9284	1.9524