2023 BWP to SLL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 BWP to SLL Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the BWP to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on July 29, valuing the pair at 1610.3951. Conversely, the yearly low was recorded on June 1, dropping to 1281.1998.
This high-to-low spread represents a total annual volatility of 329.1952 SLL. From a start-to-finish perspective, comparing the January average rate of 1382.9250 to the December average rate of 1552.6850, the exchange rate registered a net change of 12.28% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 1610.3951 was up 16.64% compared to the 2022 peak of 1380.6953, 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 SLL 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 1340.2768, compared to 1514.8124 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 174.5355 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was July, with a trading range of 308.6471 SLL (High: 1610.3951 / Low: 1301.7480). On the other end, April was the most stable month, with a tight range of 23.9916 SLL (High: 1357.8278 / Low: 1333.8362).
Growth Streaks & Declines
TrendsBetween 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 April and May, when the average rate fell by 34.2742 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2023: 1367.2349) against the same month in 2022 (average: 1070.9806), the exchange rate shifted by +296.2543 (+27.66%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1398.4760 | 1369.5440 | 1382.9250 |
| February | 1392.0628 | 1326.0310 | 1350.3102 |
| March | 1357.8278 | 1317.2141 | 1336.4068 |
| April | 1357.8278 | 1333.8362 | 1345.9940 |
| May | 1342.9552 | 1281.2343 | 1311.7198 |
| June | 1335.0021 | 1281.1998 | 1314.3052 |
| July | 1610.3951 | 1301.7480 | 1367.2349 |
| August | 1586.7181 | 1537.8993 | 1554.0926 |
| September | 1552.6492 | 1520.7287 | 1536.6190 |
| October | 1538.4731 | 1513.9807 | 1526.6871 |
| November | 1570.9142 | 1536.7994 | 1551.5556 |
| December | 1567.8089 | 1529.4116 | 1552.6850 |