2023 BWP to KPW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 BWP to KPW Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the BWP to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 71.2498. Conversely, the yearly low was recorded on October 5, dropping to 64.9793.
This high-to-low spread represents a total annual volatility of 6.2706 KPW. From a start-to-finish perspective, comparing the January average rate of 70.4575 to the December average rate of 66.6404, the exchange rate registered a net change of -5.42% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 71.2498 was down 9.61% compared to the 2022 peak of 78.8232, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BWP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
BWP to KPW Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 68.2847, compared to 66.5670 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.7177 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was February, with a trading range of 3.3642 KPW (High: 70.9231 / Low: 67.5589). On the other end, October was the most stable month, with a tight range of 1.0512 KPW (High: 66.0305 / Low: 64.9793).
Growth Streaks & Declines
TrendsBetween 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 1.7462 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2023: 70.4575) against the same month in 2022 (average: 77.5334), the exchange rate shifted by -7.0758 (-9.13%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 71.2498 | 69.7758 | 70.4575 |
| February | 70.9231 | 67.5589 | 68.7959 |
| March | 69.1789 | 67.1097 | 68.0875 |
| April | 69.1789 | 67.9566 | 68.5760 |
| May | 68.4212 | 65.2766 | 66.8298 |
| June | 68.0160 | 65.2748 | 66.9615 |
| July | 69.2796 | 66.3217 | 67.9933 |
| August | 68.1011 | 66.0058 | 66.7008 |
| September | 66.6389 | 65.2689 | 65.9509 |
| October | 66.0305 | 64.9793 | 65.5246 |
| November | 67.4228 | 65.9586 | 66.5920 |
| December | 67.2895 | 65.6415 | 66.6404 |