YEARLY HIGH
1610.3951 SLL
YEARLY LOW
1281.1998 SLL
YEARLY AVERAGE
1427.5446 SLL

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BWP based on timing:

Yearly Peak High 8,051,975 SLL
2022 Average 5,525,879 SLL
Yearly Trough Low 6,405,999 SLL
Transaction Impact: A difference of 1,645,976.17 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1578.3299
1287.4825
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 1340.2768
H2 Avg (Jul–Dec) 1514.8124

Volatility Range Comparison

Volatility

The 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).

July Spread (Volatile) ±308.6471
April Spread (Stable) ±23.9916

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 April and May, when the average rate fell by 34.2742 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -34.2742

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2023 Avg (July) 1367.2349
2022 Avg (July) 1070.9806

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