2023 BWP to NZD Historical Review

YEARLY HIGH

0.1263 NZD

YEARLY LOW

0.1169 NZD

YEARLY AVERAGE

0.1220 NZD

2023 BWP to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BWP to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 31, valuing the pair at 0.1263. Conversely, the yearly low was recorded on May 19, dropping to 0.1169.

This high-to-low spread represents a total annual volatility of 0.0095 NZD. From a start-to-finish perspective, comparing the January average rate of 0.1222 to the December average rate of 0.1189, the exchange rate registered a net change of -2.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1263 was down 5.76% compared to the 2022 peak of 0.1341, 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 632 NZD

2022 Average 638 NZD

Yearly Trough Low 584 NZD

Transaction Impact: A difference of 47.41 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1243

0.1184

JanuMarcMayJulySeptNove

BWP to NZD 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 0.1216, compared to 0.1224 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.1216

H2 Avg (Jul–Dec) 0.1224

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0066 NZD (High: 0.1263 / Low: 0.1197). On the other end, September was the most stable month, with a tight range of 0.0028 NZD (High: 0.1245 / Low: 0.1218).

October Spread (Volatile) ±0.0066

September Spread (Stable) ±0.0028

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0045 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0045

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.1235) against the same month in 2022 (average: 0.1314), the exchange rate shifted by -0.0079 (-6.03%).

2023 Avg (October) 0.1235

2022 Avg (October) 0.1314

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1255	0.1202	0.1222
February	0.1241	0.1197	0.1217
March	0.1234	0.1206	0.1219
April	0.1240	0.1207	0.1227
May	0.1227	0.1169	0.1196
June	0.1229	0.1196	0.1213
July	0.1247	0.1187	0.1214
August	0.1256	0.1219	0.1238
September	0.1245	0.1218	0.1236
October	0.1263	0.1197	0.1235
November	0.1250	0.1195	0.1234
December	0.1204	0.1171	0.1189