2023 BWP to LRD Historical Review

YEARLY HIGH

14.2842 LRD

YEARLY LOW

11.5499 LRD

YEARLY AVERAGE

13.0663 LRD

2023 BWP to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BWP to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 30, valuing the pair at 14.2842. Conversely, the yearly low was recorded on February 26, dropping to 11.5499.

This high-to-low spread represents a total annual volatility of 2.7344 LRD. From a start-to-finish perspective, comparing the January average rate of 12.1637 to the December average rate of 13.9375, the exchange rate registered a net change of 14.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 14.2842 was up 6.25% compared to the 2022 peak of 13.4442, 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 71,421 LRD

2022 Average 61,937 LRD

Yearly Trough Low 57,749 LRD

Transaction Impact: A difference of 13,671.91 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

14.1352

11.7625

JanuMarcMayJulySeptNove

BWP to LRD 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 12.3353, compared to 13.7973 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.4620 points.

H1 Avg (Jan–Jun) 12.3353

H2 Avg (Jul–Dec) 13.7973

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 1.1741 LRD (High: 13.4403 / Low: 12.2662). On the other end, September was the most stable month, with a tight range of 0.2358 LRD (High: 13.7718 / Low: 13.5360).

June Spread (Volatile) ±1.1741

September Spread (Stable) ±0.2358

Growth Streaks & Declines

Trends

Between February and April, 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 0.2035 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.2035

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 13.8810) against the same month in 2022 (average: 12.0784), the exchange rate shifted by +1.8026 (+14.92%).

2023 Avg (July) 13.8810

2022 Avg (July) 12.0784

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.2930	11.9821	12.1637
February	12.3682	11.5499	11.9602
March	12.4753	11.6024	12.0655
April	12.6431	12.2990	12.4288
May	12.5819	12.2125	12.3985
June	13.4403	12.2662	12.9952
July	14.2842	13.3502	13.8810
August	14.1121	13.6595	13.8079
September	13.7718	13.5360	13.6552
October	13.7563	13.4719	13.6061
November	14.0726	13.7414	13.8960
December	14.0822	13.7227	13.9375