2023 BWP to INR Historical Review

YEARLY HIGH

6.4957 INR

YEARLY LOW

5.9673 INR

YEARLY AVERAGE

6.1853 INR

2023 BWP to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BWP to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 6.4957. Conversely, the yearly low was recorded on June 1, dropping to 5.9673.

This high-to-low spread represents a total annual volatility of 0.5284 INR. From a start-to-finish perspective, comparing the January average rate of 6.3979 to the December average rate of 6.1637, the exchange rate registered a net change of -3.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 6.4957 was down 2.29% compared to the 2022 peak of 6.6483, 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 32,479 INR

2022 Average 31,801 INR

Yearly Trough Low 29,837 INR

Transaction Impact: A difference of 2,641.92 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

6.4318

6.0254

JanuMarcMayJulySeptNove

BWP to INR 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 6.2344, compared to 6.1363 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0980 points.

H1 Avg (Jan–Jun) 6.2344

H2 Avg (Jul–Dec) 6.1363

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.2728 INR (High: 6.4759 / Low: 6.2031). On the other end, September was the most stable month, with a tight range of 0.0888 INR (High: 6.1252 / Low: 6.0364).

February Spread (Volatile) ±0.2728

September Spread (Stable) ±0.0888

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 0.1321 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1321

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 6.3979) against the same month in 2022 (average: 6.4140), the exchange rate shifted by -0.0161 (-0.25%).

2023 Avg (January) 6.3979

2022 Avg (January) 6.4140

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.4957	6.3248	6.3979
February	6.4759	6.2031	6.3161
March	6.3169	6.1118	6.2216
April	6.3172	6.1723	6.2444
May	6.2124	5.9958	6.1123
June	6.1945	5.9673	6.1137
July	6.3410	6.0855	6.2093
August	6.2276	6.1016	6.1393
September	6.1252	6.0364	6.0855
October	6.1099	6.0089	6.0592
November	6.2398	6.0966	6.1610
December	6.2176	6.0786	6.1637