2023 BWP to FJD Historical Review

YEARLY HIGH

0.1741 FJD

YEARLY LOW

0.1621 FJD

YEARLY AVERAGE

0.1670 FJD

2023 BWP to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BWP to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.1741. Conversely, the yearly low was recorded on December 13, dropping to 0.1621.

This high-to-low spread represents a total annual volatility of 0.0120 FJD. From a start-to-finish perspective, comparing the January average rate of 0.1705 to the December average rate of 0.1640, the exchange rate registered a net change of -3.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1741 was down 6.61% compared to the 2022 peak of 0.1865, 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 871 FJD

2022 Average 886 FJD

Yearly Trough Low 811 FJD

Transaction Impact: A difference of 60.02 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1712

0.1634

JanuMarcMayJulySeptNove

BWP to FJD 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 0.1676, compared to 0.1664 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.1676

H2 Avg (Jul–Dec) 0.1664

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0072 FJD (High: 0.1715 / Low: 0.1642). On the other end, September was the most stable month, with a tight range of 0.0026 FJD (High: 0.1680 / Low: 0.1654).

November Spread (Volatile) ±0.0072

September Spread (Stable) ±0.0026

Growth Streaks & Declines

Trends

Between February and April, 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 0.0034 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0034

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1705) against the same month in 2022 (average: 0.1835), the exchange rate shifted by -0.0130 (-7.08%).

2023 Avg (January) 0.1705

2022 Avg (January) 0.1835

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1741	0.1679	0.1705
February	0.1713	0.1659	0.1677
March	0.1699	0.1664	0.1678
April	0.1710	0.1669	0.1686
May	0.1694	0.1626	0.1652
June	0.1684	0.1625	0.1656
July	0.1711	0.1647	0.1676
August	0.1700	0.1654	0.1672
September	0.1680	0.1654	0.1664
October	0.1681	0.1634	0.1661
November	0.1715	0.1642	0.1672
December	0.1656	0.1621	0.1640