2023 BWP to BTN Historical Review

YEARLY HIGH

6.5069 BTN

YEARLY LOW

5.9930 BTN

YEARLY AVERAGE

6.1836 BTN

2023 BWP to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BWP to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 6.5069. Conversely, the yearly low was recorded on October 5, dropping to 5.9930.

This high-to-low spread represents a total annual volatility of 0.5139 BTN. From a start-to-finish perspective, comparing the January average rate of 6.4056 to the December average rate of 6.1695, the exchange rate registered a net change of -3.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 6.5069 was down 2.12% compared to the 2022 peak of 6.6478, 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 32,535 BTN

2022 Average 31,792 BTN

Yearly Trough Low 29,965 BTN

Transaction Impact: A difference of 2,569.65 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

6.4407

6.0186

JanuMarcMayJulySeptNove

BWP to BTN 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 6.2338, compared to 6.1335 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1003 points.

H1 Avg (Jan–Jun) 6.2338

H2 Avg (Jul–Dec) 6.1335

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.2698 BTN (High: 6.4741 / Low: 6.2042). On the other end, September was the most stable month, with a tight range of 0.0864 BTN (High: 6.1272 / Low: 6.0408).

February Spread (Volatile) ±0.2698

September Spread (Stable) ±0.0864

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 0.1302 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1302

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 6.4056) against the same month in 2022 (average: 6.4107), the exchange rate shifted by -0.0051 (-0.08%).

2023 Avg (January) 6.4056

2022 Avg (January) 6.4107

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.5069	6.3383	6.4056
February	6.4741	6.2042	6.3132
March	6.3051	6.1179	6.2193
April	6.3101	6.1763	6.2399
May	6.2169	5.9972	6.1098
June	6.1956	5.9939	6.1148
July	6.3080	6.0441	6.2024
August	6.2275	6.1021	6.1370
September	6.1272	6.0408	6.0826
October	6.1061	5.9930	6.0538
November	6.2112	6.1037	6.1557
December	6.2293	6.0862	6.1695