2023 BWP to GNF Historical Review

YEARLY HIGH

692.6919 GNF

YEARLY LOW

618.2799 GNF

YEARLY AVERAGE

645.7116 GNF

2023 BWP to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BWP to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 692.6919. Conversely, the yearly low was recorded on October 5, dropping to 618.2799.

This high-to-low spread represents a total annual volatility of 74.4120 GNF. From a start-to-finish perspective, comparing the January average rate of 678.4691 to the December average rate of 636.9368, the exchange rate registered a net change of -6.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 692.6919 was down 12.74% compared to the 2022 peak of 793.8130, 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 3,463,459 GNF

2022 Average 3,571,938 GNF

Yearly Trough Low 3,091,399 GNF

Transaction Impact: A difference of 372,060.14 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

683.6995

620.9350

JanuMarcMayJulySeptNove

BWP to GNF 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 655.0293, compared to 636.3940 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 18.6353 points.

H1 Avg (Jan–Jun) 655.0293

H2 Avg (Jul–Dec) 636.3940

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 38.3389 GNF (High: 684.4329 / Low: 646.0940). On the other end, September was the most stable month, with a tight range of 11.5188 GNF (High: 635.8619 / Low: 624.3431).

February Spread (Volatile) ±38.3389

September Spread (Stable) ±11.5188

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 17.6196 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -17.6196

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 678.4691) against the same month in 2022 (average: 783.5654), the exchange rate shifted by -105.0963 (-13.41%).

2023 Avg (January) 678.4691

2022 Avg (January) 783.5654

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	692.6919	669.0060	678.4691
February	684.4329	646.0940	660.8495
March	665.1081	646.1433	653.3909
April	664.8860	649.5514	655.2973
May	657.6033	624.9418	640.4251
June	651.3296	623.1779	641.7436
July	663.6473	633.6663	650.2460
August	652.7079	632.1867	638.1824
September	635.8619	624.3431	630.5379
October	631.9827	618.2799	626.1654
November	644.6345	630.1751	636.2954
December	644.6471	627.4869	636.9368