YEARLY HIGH
6.7945 KGS
YEARLY LOW
6.3525 KGS
YEARLY AVERAGE
6.5796 KGS

2023 BWP to KGS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BWP to KGS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 6.7945. Conversely, the yearly low was recorded on June 1, dropping to 6.3525.

This high-to-low spread represents a total annual volatility of 0.4420 KGS. From a start-to-finish perspective, comparing the January average rate of 6.7001 to the December average rate of 6.5998, the exchange rate registered a net change of -1.50% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 6.7945 was down 23.89% compared to the 2022 peak of 8.9275, 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 33,972 KGS
2022 Average 34,204 KGS
Yearly Trough Low 31,762 KGS
Transaction Impact: A difference of 2,210.10 KGS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

6.7214
6.4662
JanuMarcMayJulySeptNove

BWP to KGS 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 6.6047, compared to 6.5545 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0502 points.

H1 Avg (Jan–Jun) 6.6047
H2 Avg (Jul–Dec) 6.5545

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.3007 KGS (High: 6.6536 / Low: 6.3529). On the other end, September was the most stable month, with a tight range of 0.1032 KGS (High: 6.5349 / Low: 6.4317).

May Spread (Volatile) ±0.3007
September Spread (Stable) ±0.1032

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 0.1704 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1704

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 6.6473) against the same month in 2022 (average: 7.4106), the exchange rate shifted by -0.7633 (-10.30%).

2023 Avg (February) 6.6473
2022 Avg (February) 7.4106

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6.7830 6.5181 6.7001
February 6.7945 6.5622 6.6473
March 6.7196 6.5186 6.6136
April 6.7229 6.6043 6.6655
May 6.6536 6.3529 6.4951
June 6.6195 6.3525 6.5069
July 6.7432 6.4631 6.6270
August 6.6423 6.4737 6.5276
September 6.5349 6.4317 6.4883
October 6.5531 6.4048 6.4875
November 6.6878 6.5370 6.5972
December 6.6526 6.5112 6.5998