YEARLY HIGH
0.1053 BND
YEARLY LOW
0.0980 BND
YEARLY AVERAGE
0.1006 BND

2023 BWP to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BWP to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 0.1053. Conversely, the yearly low was recorded on June 1, dropping to 0.0980.

This high-to-low spread represents a total annual volatility of 0.0073 BND. From a start-to-finish perspective, comparing the January average rate of 0.1039 to the December average rate of 0.0986, the exchange rate registered a net change of -5.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1053 was down 11.29% compared to the 2022 peak of 0.1187, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 526 BND
2022 Average 558 BND
Yearly Trough Low 490 BND
Transaction Impact: A difference of 36.48 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1044
0.0981
JanuMarcMayJulySeptNove

BWP to BND 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 0.1013, compared to 0.0998 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.1013
H2 Avg (Jul–Dec) 0.0998

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0033 BND (High: 0.1013 / Low: 0.0980). On the other end, September was the most stable month, with a tight range of 0.0011 BND (High: 0.1003 / Low: 0.0993).

June Spread (Volatile) ±0.0033
September Spread (Stable) ±0.0011

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 0.0021 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1039) against the same month in 2022 (average: 0.1163), the exchange rate shifted by -0.0125 (-10.71%).

2023 Avg (January) 0.1039
2022 Avg (January) 0.1163

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1053 0.1023 0.1039
February 0.1029 0.1010 0.1018
March 0.1020 0.1003 0.1014
April 0.1020 0.1005 0.1014
May 0.1010 0.0981 0.0994
June 0.1013 0.0980 0.1001
July 0.1022 0.0996 0.1008
August 0.1009 0.0994 0.1001
September 0.1003 0.0993 0.0998
October 0.1002 0.0987 0.0996
November 0.1007 0.0984 0.0998
December 0.0997 0.0980 0.0986