YEARLY HIGH
0.1063 CAD
YEARLY LOW
0.0975 CAD
YEARLY AVERAGE
0.1011 CAD

2023 BWP to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BWP to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.1063. Conversely, the yearly low was recorded on June 1, dropping to 0.0975.

This high-to-low spread represents a total annual volatility of 0.0088 CAD. From a start-to-finish perspective, comparing the January average rate of 0.1051 to the December average rate of 0.0993, the exchange rate registered a net change of -5.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1063 was down 4.30% compared to the 2022 peak of 0.1111, 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 532 CAD
2022 Average 527 CAD
Yearly Trough Low 488 CAD
Transaction Impact: A difference of 44.05 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1057
0.0982
JanuMarcMayJulySeptNove

BWP to CAD 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 0.1023, compared to 0.1000 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.1023
H2 Avg (Jul–Dec) 0.1000

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0050 CAD (High: 0.1034 / Low: 0.0984). On the other end, December was the most stable month, with a tight range of 0.0019 CAD (High: 0.1001 / Low: 0.0981).

May Spread (Volatile) ±0.0050
December Spread (Stable) ±0.0019

Growth Streaks & Declines

Trends

Between September and November, 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 0.0025 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1051) against the same month in 2022 (average: 0.1088), the exchange rate shifted by -0.0037 (-3.43%).

2023 Avg (January) 0.1051
2022 Avg (January) 0.1088

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1063 0.1034 0.1051
February 0.1053 0.1016 0.1029
March 0.1052 0.1028 0.1036
April 0.1041 0.1015 0.1030
May 0.1034 0.0984 0.1005
June 0.0999 0.0975 0.0989
July 0.1018 0.0980 0.0999
August 0.1010 0.0989 0.0999
September 0.1005 0.0979 0.0993
October 0.1018 0.0981 0.0998
November 0.1028 0.0998 0.1014
December 0.1001 0.0981 0.0993