YEARLY HIGH
0.4268 BRL
YEARLY LOW
0.3550 BRL
YEARLY AVERAGE
0.3743 BRL

2023 BWP to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BWP to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 0.4268. Conversely, the yearly low was recorded on July 2, dropping to 0.3550.

This high-to-low spread represents a total annual volatility of 0.0718 BRL. From a start-to-finish perspective, comparing the January average rate of 0.4061 to the December average rate of 0.3626, the exchange rate registered a net change of -10.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4268 was down 12.29% compared to the 2022 peak of 0.4866, 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 2,134 BRL
2022 Average 2,091 BRL
Yearly Trough Low 1,775 BRL
Transaction Impact: A difference of 359.23 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4107
0.3565
JanuMarcMayJulySeptNove

BWP to BRL 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 0.3848, compared to 0.3637 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0211 points.

H1 Avg (Jan–Jun) 0.3848
H2 Avg (Jul–Dec) 0.3637

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0326 BRL (High: 0.4268 / Low: 0.3942). On the other end, August was the most stable month, with a tight range of 0.0076 BRL (High: 0.3670 / Low: 0.3594).

January Spread (Volatile) ±0.0326
August Spread (Stable) ±0.0076

Growth Streaks & Declines

Trends

Between June and August, 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 0.0126 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0126

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.4061) against the same month in 2022 (average: 0.4758), the exchange rate shifted by -0.0696 (-14.63%).

2023 Avg (January) 0.4061
2022 Avg (January) 0.4758

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4268 0.3942 0.4061
February 0.4078 0.3870 0.3959
March 0.4037 0.3837 0.3942
April 0.3892 0.3716 0.3821
May 0.3811 0.3627 0.3695
June 0.3642 0.3551 0.3610
July 0.3675 0.3550 0.3625
August 0.3670 0.3594 0.3637
September 0.3685 0.3550 0.3624
October 0.3752 0.3617 0.3686
November 0.3675 0.3573 0.3626
December 0.3690 0.3584 0.3626