YEARLY HIGH
0.6570 SBD
YEARLY LOW
0.6045 SBD
YEARLY AVERAGE
0.6251 SBD

2023 BWP to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BWP to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 0.6570. Conversely, the yearly low was recorded on June 1, dropping to 0.6045.

This high-to-low spread represents a total annual volatility of 0.0526 SBD. From a start-to-finish perspective, comparing the January average rate of 0.6470 to the December average rate of 0.6262, the exchange rate registered a net change of -3.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6570 was down 6.83% compared to the 2022 peak of 0.7052, 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 3,285 SBD
2022 Average 3,297 SBD
Yearly Trough Low 3,022 SBD
Transaction Impact: A difference of 262.86 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6503
0.6107
JanuMarcMayJulySeptNove

BWP to SBD 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 0.6282, compared to 0.6220 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0062 points.

H1 Avg (Jan–Jun) 0.6282
H2 Avg (Jul–Dec) 0.6220

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0289 SBD (High: 0.6453 / Low: 0.6164). On the other end, October was the most stable month, with a tight range of 0.0094 SBD (High: 0.6187 / Low: 0.6093).

July Spread (Volatile) ±0.0289
October Spread (Stable) ±0.0094

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 0.0176 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0176

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.6470) against the same month in 2022 (average: 0.6957), the exchange rate shifted by -0.0487 (-7.00%).

2023 Avg (January) 0.6470
2022 Avg (January) 0.6957

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6570 0.6383 0.6470
February 0.6460 0.6180 0.6294
March 0.6328 0.6148 0.6226
April 0.6377 0.6260 0.6318
May 0.6330 0.6045 0.6183
June 0.6299 0.6045 0.6202
July 0.6453 0.6164 0.6320
August 0.6332 0.6138 0.6202
September 0.6197 0.6070 0.6155
October 0.6187 0.6093 0.6140
November 0.6312 0.6155 0.6242
December 0.6333 0.6166 0.6262