2023 BWP to EUR Historical Review

YEARLY HIGH

0.0743 EUR

YEARLY LOW

0.0670 EUR

YEARLY AVERAGE

0.0692 EUR

2023 BWP to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BWP to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0743. Conversely, the yearly low was recorded on December 28, dropping to 0.0670.

This high-to-low spread represents a total annual volatility of 0.0073 EUR. From a start-to-finish perspective, comparing the January average rate of 0.0726 to the December average rate of 0.0678, the exchange rate registered a net change of -6.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0743 was down 7.33% compared to the 2022 peak of 0.0802, 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 371 EUR

2022 Average 385 EUR

Yearly Trough Low 335 EUR

Transaction Impact: A difference of 36.38 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0731

0.0673

JanuMarcMayJulySeptNove

BWP to EUR 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 0.0701, compared to 0.0683 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.0701

H2 Avg (Jul–Dec) 0.0683

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0033 EUR (High: 0.0711 / Low: 0.0679). On the other end, October was the most stable month, with a tight range of 0.0014 EUR (High: 0.0696 / Low: 0.0682).

April Spread (Volatile) ±0.0033

October Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between August and October, 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 March and April, when the average rate fell by 0.0013 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0726) against the same month in 2022 (average: 0.0761), the exchange rate shifted by -0.0035 (-4.63%).

2023 Avg (January) 0.0726

2022 Avg (January) 0.0761

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0743	0.0715	0.0726
February	0.0727	0.0706	0.0714
March	0.0715	0.0694	0.0706
April	0.0711	0.0679	0.0693
May	0.0690	0.0675	0.0682
June	0.0693	0.0674	0.0686
July	0.0701	0.0672	0.0683
August	0.0688	0.0673	0.0679
September	0.0694	0.0680	0.0686
October	0.0696	0.0682	0.0689
November	0.0695	0.0672	0.0684
December	0.0685	0.0670	0.0678