2023 BWP to DJF Historical Review

YEARLY HIGH

14.0473 DJF

YEARLY LOW

12.8193 DJF

YEARLY AVERAGE

13.3229 DJF

2023 BWP to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BWP to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 15, valuing the pair at 14.0473. Conversely, the yearly low was recorded on October 5, dropping to 12.8193.

This high-to-low spread represents a total annual volatility of 1.2280 DJF. From a start-to-finish perspective, comparing the January average rate of 13.9152 to the December average rate of 13.1871, the exchange rate registered a net change of -5.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 14.0473 was down 9.87% compared to the 2022 peak of 15.5863, 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 70,237 DJF

2022 Average 72,145 DJF

Yearly Trough Low 64,097 DJF

Transaction Impact: A difference of 6,140.14 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

14.0118

12.8525

JanuMarcMayJulySeptNove

BWP to DJF 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 13.4904, compared to 13.1553 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3351 points.

H1 Avg (Jan–Jun) 13.4904

H2 Avg (Jul–Dec) 13.1553

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.6649 DJF (High: 14.0162 / Low: 13.3513). On the other end, October was the most stable month, with a tight range of 0.2373 DJF (High: 13.0566 / Low: 12.8193).

February Spread (Volatile) ±0.6649

October Spread (Stable) ±0.2373

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 0.3282 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.3282

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 13.9152) against the same month in 2022 (average: 15.3215), the exchange rate shifted by -1.4063 (-9.18%).

2023 Avg (January) 13.9152

2022 Avg (January) 15.3215

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	14.0473	13.7613	13.9152
February	14.0162	13.3513	13.6053
March	13.6688	13.2814	13.4398
April	13.6688	13.2671	13.5346
May	13.4980	12.9003	13.2064
June	13.4604	12.8974	13.2413
July	13.6635	13.1170	13.4225
August	13.4744	13.0591	13.1849
September	13.1670	12.9205	13.0447
October	13.0566	12.8193	12.9491
November	13.2780	13.0357	13.1436
December	13.3623	12.9806	13.1871