2023 BWP to CNY Historical Review

YEARLY HIGH

0.5523 CNY

YEARLY LOW

0.5139 CNY

YEARLY AVERAGE

0.5296 CNY

2023 BWP to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BWP to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on July 27, valuing the pair at 0.5523. Conversely, the yearly low was recorded on May 19, dropping to 0.5139.

This high-to-low spread represents a total annual volatility of 0.0384 CNY. From a start-to-finish perspective, comparing the January average rate of 0.5317 to the December average rate of 0.5271, the exchange rate registered a net change of -0.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5523 was down 1.89% compared to the 2022 peak of 0.5629, 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 2,761 CNY

2022 Average 2,721 CNY

Yearly Trough Low 2,569 CNY

Transaction Impact: A difference of 191.91 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5453

0.5165

JanuMarcMayJulySeptNove

BWP to CNY 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 0.5254, compared to 0.5339 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0086 points.

H1 Avg (Jan–Jun) 0.5254

H2 Avg (Jul–Dec) 0.5339

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0274 CNY (High: 0.5419 / Low: 0.5145). On the other end, September was the most stable month, with a tight range of 0.0079 CNY (High: 0.5376 / Low: 0.5297).

June Spread (Volatile) ±0.0274

September Spread (Stable) ±0.0079

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 0.0086 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0086

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.5429) against the same month in 2022 (average: 0.5332), the exchange rate shifted by +0.0097 (+1.82%).

2023 Avg (July) 0.5429

2022 Avg (July) 0.5332

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5413	0.5249	0.5317
February	0.5319	0.5194	0.5231
March	0.5280	0.5170	0.5214
April	0.5288	0.5194	0.5247
May	0.5251	0.5139	0.5189
June	0.5419	0.5145	0.5323
July	0.5523	0.5321	0.5429
August	0.5431	0.5312	0.5365
September	0.5376	0.5297	0.5344
October	0.5368	0.5197	0.5296
November	0.5415	0.5214	0.5331
December	0.5338	0.5203	0.5271