2023 BWP to SDG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 BWP to SDG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the BWP to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on July 27, valuing the pair at 46.3019. Conversely, the yearly low was recorded on November 20, dropping to 40.6369.
This high-to-low spread represents a total annual volatility of 5.6650 SDG. From a start-to-finish perspective, comparing the January average rate of 45.1596 to the December average rate of 44.5010, the exchange rate registered a net change of -1.46% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 46.3019 was up 1.02% compared to the 2022 peak of 45.8365, 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 SDG 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 44.8968, compared to 44.4297 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4671 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was November, with a trading range of 4.3866 SDG (High: 45.0235 / Low: 40.6369). On the other end, October was the most stable month, with a tight range of 0.6292 SDG (High: 44.0570 / Low: 43.4278).
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 0.9963 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2023: 45.4101) against the same month in 2022 (average: 36.1355), the exchange rate shifted by +9.2746 (+25.67%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 46.0749 | 44.4239 | 45.1596 |
| February | 45.9818 | 44.1637 | 44.7608 |
| March | 45.7734 | 42.9179 | 44.6131 |
| April | 46.0895 | 43.4599 | 45.5559 |
| May | 45.5001 | 43.5903 | 44.5596 |
| June | 45.4573 | 43.5891 | 44.7317 |
| July | 46.3019 | 44.2513 | 45.4101 |
| August | 45.5142 | 44.0772 | 44.5665 |
| September | 44.5370 | 43.5851 | 44.0601 |
| October | 44.0570 | 43.4278 | 43.7500 |
| November | 45.0235 | 40.6369 | 44.2903 |
| December | 44.9345 | 43.8340 | 44.5010 |