2023 BWP to SOS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 BWP to SOS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the BWP to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 15, valuing the pair at 44.9169. Conversely, the yearly low was recorded on October 5, dropping to 41.1499.
This high-to-low spread represents a total annual volatility of 3.7671 SOS. From a start-to-finish perspective, comparing the January average rate of 44.5212 to the December average rate of 42.3345, the exchange rate registered a net change of -4.91% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 44.9169 was down 11.77% compared to the 2022 peak of 50.9089, 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 SOS 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 43.1295, compared to 42.1738 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9557 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was February, with a trading range of 2.1326 SOS (High: 44.7961 / Low: 42.6635). On the other end, September was the most stable month, with a tight range of 0.7548 SOS (High: 42.1696 / Low: 41.4148).
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 1.0653 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2023: 44.5212) against the same month in 2022 (average: 50.1119), the exchange rate shifted by -5.5908 (-11.16%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 44.9169 | 44.1297 | 44.5212 |
| February | 44.7961 | 42.6635 | 43.4689 |
| March | 43.6980 | 42.4176 | 42.9703 |
| April | 43.6980 | 42.9259 | 43.2851 |
| May | 43.2194 | 41.2167 | 42.2198 |
| June | 42.9819 | 41.2900 | 42.3117 |
| July | 43.8163 | 41.8932 | 42.9683 |
| August | 43.1013 | 41.7670 | 42.1848 |
| September | 42.1696 | 41.4148 | 41.7777 |
| October | 41.9224 | 41.1499 | 41.5635 |
| November | 42.6916 | 41.8389 | 42.2140 |
| December | 42.8943 | 41.6899 | 42.3345 |