YEARLY HIGH
0.0656 GBP
YEARLY LOW
0.0574 GBP
YEARLY AVERAGE
0.0603 GBP

2023 BWP to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BWP to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0656. Conversely, the yearly low was recorded on July 7, dropping to 0.0574.

This high-to-low spread represents a total annual volatility of 0.0082 GBP. From a start-to-finish perspective, comparing the January average rate of 0.0639 to the December average rate of 0.0585, the exchange rate registered a net change of -8.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0656 was down 6.13% compared to the 2022 peak of 0.0699, 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 328 GBP
2022 Average 328 GBP
Yearly Trough Low 287 GBP
Transaction Impact: A difference of 41.14 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0645
0.0578
JanuMarcMayJulySeptNove

BWP to GBP 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 0.0615, compared to 0.0590 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0025 points.

H1 Avg (Jan–Jun) 0.0615
H2 Avg (Jul–Dec) 0.0590

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0029 GBP (High: 0.0652 / Low: 0.0623). On the other end, December was the most stable month, with a tight range of 0.0013 GBP (High: 0.0590 / Low: 0.0578).

February Spread (Volatile) ±0.0029
December Spread (Stable) ±0.0013

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 April and May, when the average rate fell by 0.0017 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0639) against the same month in 2022 (average: 0.0636), the exchange rate shifted by +0.0004 (+0.61%).

2023 Avg (January) 0.0639
2022 Avg (January) 0.0636

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0656 0.0630 0.0639
February 0.0652 0.0623 0.0634
March 0.0636 0.0614 0.0623
April 0.0626 0.0600 0.0612
May 0.0606 0.0583 0.0595
June 0.0596 0.0579 0.0589
July 0.0602 0.0574 0.0587
August 0.0591 0.0577 0.0584
September 0.0602 0.0580 0.0592
October 0.0604 0.0590 0.0598
November 0.0604 0.0582 0.0595
December 0.0590 0.0578 0.0585