2023 BWP to MVR Historical Review

YEARLY HIGH

1.2192 MVR

YEARLY LOW

1.1097 MVR

YEARLY AVERAGE

1.1515 MVR

2023 BWP to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BWP to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 1.2192. Conversely, the yearly low was recorded on June 1, dropping to 1.1097.

This high-to-low spread represents a total annual volatility of 0.1095 MVR. From a start-to-finish perspective, comparing the January average rate of 1.2044 to the December average rate of 1.1383, the exchange rate registered a net change of -5.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.2192 was down 9.90% compared to the 2022 peak of 1.3531, 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 6,096 MVR

2022 Average 6,251 MVR

Yearly Trough Low 5,548 MVR

Transaction Impact: A difference of 547.46 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.2128

1.1119

JanuMarcMayJulySeptNove

BWP to MVR 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 1.1654, compared to 1.1377 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0277 points.

H1 Avg (Jan–Jun) 1.1654

H2 Avg (Jul–Dec) 1.1377

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0580 MVR (High: 1.1677 / Low: 1.1097). On the other end, October was the most stable month, with a tight range of 0.0165 MVR (High: 1.1284 / Low: 1.1119).

May Spread (Volatile) ±0.0580

October Spread (Stable) ±0.0165

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 January and February, when the average rate fell by 0.0307 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0307

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 1.2044) against the same month in 2022 (average: 1.3309), the exchange rate shifted by -0.1265 (-9.51%).

2023 Avg (January) 1.2044

2022 Avg (January) 1.3309

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2192	1.1935	1.2044
February	1.2098	1.1529	1.1736
March	1.1845	1.1453	1.1631
April	1.1845	1.1596	1.1702
May	1.1677	1.1097	1.1395
June	1.1604	1.1097	1.1416
July	1.1816	1.1341	1.1616
August	1.1623	1.1294	1.1393
September	1.1402	1.1208	1.1297
October	1.1284	1.1119	1.1203
November	1.1574	1.1177	1.1368
December	1.1507	1.1210	1.1383