YEARLY HIGH
0.5452 BOB
YEARLY LOW
0.4975 BOB
YEARLY AVERAGE
0.5175 BOB

2023 BWP to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BWP to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 0.5452. Conversely, the yearly low was recorded on October 5, dropping to 0.4975.

This high-to-low spread represents a total annual volatility of 0.0477 BOB. From a start-to-finish perspective, comparing the January average rate of 0.5410 to the December average rate of 0.5122, the exchange rate registered a net change of -5.31% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5452 was down 9.42% compared to the 2022 peak of 0.6019, 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 2,726 BOB
2022 Average 2,793 BOB
Yearly Trough Low 2,488 BOB
Transaction Impact: A difference of 238.32 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5448
0.4989
JanuMarcMayJulySeptNove

BWP to BOB 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 0.5241, compared to 0.5109 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0132 points.

H1 Avg (Jan–Jun) 0.5241
H2 Avg (Jul–Dec) 0.5109

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0259 BOB (High: 0.5445 / Low: 0.5186). On the other end, January was the most stable month, with a tight range of 0.0090 BOB (High: 0.5452 / Low: 0.5362).

February Spread (Volatile) ±0.0259
January Spread (Stable) ±0.0090

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 April and May, when the average rate fell by 0.0135 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0135

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.5410) against the same month in 2022 (average: 0.5935), the exchange rate shifted by -0.0525 (-8.85%).

2023 Avg (January) 0.5410
2022 Avg (January) 0.5935

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5452 0.5362 0.5410
February 0.5445 0.5186 0.5283
March 0.5308 0.5152 0.5220
April 0.5313 0.5217 0.5264
May 0.5251 0.5009 0.5129
June 0.5224 0.5010 0.5140
July 0.5324 0.5093 0.5215
August 0.5231 0.5068 0.5121
September 0.5117 0.5016 0.5062
October 0.5069 0.4975 0.5027
November 0.5166 0.5061 0.5107
December 0.5186 0.5044 0.5122