2023 BWP to IRR Historical Review

YEARLY HIGH

3325.5053 IRR

YEARLY LOW

3050.2270 IRR

YEARLY AVERAGE

3162.8724 IRR

2023 BWP to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BWP to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 3325.5053. Conversely, the yearly low was recorded on October 9, dropping to 3050.2270.

This high-to-low spread represents a total annual volatility of 275.2783 IRR. From a start-to-finish perspective, comparing the January average rate of 3282.9541 to the December average rate of 3126.9202, the exchange rate registered a net change of -4.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 3325.5053 was down 10.31% compared to the 2022 peak of 3707.8115, 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 16,627,526 IRR

2022 Average 17,130,036 IRR

Yearly Trough Low 15,251,135 IRR

Transaction Impact: A difference of 1,376,391.25 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

3303.6478

3055.3235

JanuMarcMayJulySeptNove

BWP to IRR 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 3200.6516, compared to 3125.0931 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 75.5584 points.

H1 Avg (Jan–Jun) 3200.6516

H2 Avg (Jul–Dec) 3125.0931

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 164.0736 IRR (High: 3325.5053 / Low: 3161.4317). On the other end, October was the most stable month, with a tight range of 48.6192 IRR (High: 3098.8462 / Low: 3050.2270).

February Spread (Volatile) ±164.0736

October Spread (Stable) ±48.6192

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 81.0134 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -81.0134

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 3227.1688) against the same month in 2022 (average: 3662.6146), the exchange rate shifted by -435.4458 (-11.89%).

2023 Avg (February) 3227.1688

2022 Avg (February) 3662.6146

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3313.2154	3244.5749	3282.9541
February	3325.5053	3161.4317	3227.1688
March	3249.4860	3141.2868	3189.7481
April	3249.4860	3190.1828	3219.8960
May	3212.9433	3067.9995	3138.8825
June	3196.0585	3067.9169	3145.2599
July	3253.2541	3115.2786	3191.4485
August	3201.6982	3104.1078	3133.4204
September	3128.3259	3063.1049	3096.1982
October	3098.8462	3050.2270	3076.0172
November	3166.0631	3094.5589	3126.5544
December	3159.8046	3082.4178	3126.9202