YEARLY HIGH
0.8353 SEK
YEARLY LOW
0.7406 SEK
YEARLY AVERAGE
0.7948 SEK

2023 BWP to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BWP to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.8353. Conversely, the yearly low was recorded on December 28, dropping to 0.7406.

This high-to-low spread represents a total annual volatility of 0.0947 SEK. From a start-to-finish perspective, comparing the January average rate of 0.8134 to the December average rate of 0.7584, the exchange rate registered a net change of -6.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8353 was down 2.19% compared to the 2022 peak of 0.8540, 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 4,177 SEK
2022 Average 4,089 SEK
Yearly Trough Low 3,703 SEK
Transaction Impact: A difference of 473.70 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8189
0.7529
JanuMarcMayJulySeptNove

BWP to SEK 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 0.7958, compared to 0.7937 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.7958
H2 Avg (Jul–Dec) 0.7937

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0555 SEK (High: 0.8183 / Low: 0.7628). On the other end, May was the most stable month, with a tight range of 0.0259 SEK (High: 0.7936 / Low: 0.7676).

November Spread (Volatile) ±0.0555
May Spread (Stable) ±0.0259

Growth Streaks & Declines

Trends

Between July and September, 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 November and December, when the average rate fell by 0.0317 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0317

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.8134) against the same month in 2022 (average: 0.7884), the exchange rate shifted by +0.0250 (+3.17%).

2023 Avg (January) 0.8134
2022 Avg (January) 0.7884

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8353 0.7971 0.8134
February 0.8272 0.7802 0.7993
March 0.8131 0.7765 0.7950
April 0.8014 0.7749 0.7884
May 0.7936 0.7676 0.7781
June 0.8140 0.7839 0.8007
July 0.8129 0.7762 0.7952
August 0.8192 0.7867 0.8029
September 0.8225 0.7936 0.8128
October 0.8203 0.7901 0.8027
November 0.8183 0.7628 0.7901
December 0.7707 0.7406 0.7584