2023 BWP to SRD Historical Review

YEARLY HIGH

2.9545 SRD

YEARLY LOW

2.4466 SRD

YEARLY AVERAGE

2.7386 SRD

2023 BWP to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BWP to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 27, valuing the pair at 2.9545. Conversely, the yearly low was recorded on January 8, dropping to 2.4466.

This high-to-low spread represents a total annual volatility of 0.5079 SRD. From a start-to-finish perspective, comparing the January average rate of 2.4907 to the December average rate of 2.7665, the exchange rate registered a net change of 11.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.9545 was up 18.84% compared to the 2022 peak of 2.4862, 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 14,773 SRD

2022 Average 9,751 SRD

Yearly Trough Low 12,233 SRD

Transaction Impact: A difference of 2,539.47 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.9086

2.4527

JanuMarcMayJulySeptNove

BWP to SRD 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 2.6659, compared to 2.8114 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1455 points.

H1 Avg (Jan–Jun) 2.6659

H2 Avg (Jul–Dec) 2.8114

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.2507 SRD (High: 2.7746 / Low: 2.5239). On the other end, October was the most stable month, with a tight range of 0.0662 SRD (High: 2.8145 / Low: 2.7483).

March Spread (Volatile) ±0.2507

October Spread (Stable) ±0.0662

Growth Streaks & Declines

Trends

Between January and April, 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 November and December, when the average rate fell by 0.0440 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0440

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 2.8706) against the same month in 2022 (average: 1.8126), the exchange rate shifted by +1.0581 (+58.38%).

2023 Avg (July) 2.8706

2022 Avg (July) 1.8126

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.5322	2.4466	2.4907
February	2.5455	2.4648	2.5073
March	2.7746	2.5239	2.6172
April	2.8538	2.7375	2.8021
May	2.8607	2.7022	2.7729
June	2.8857	2.7194	2.8051
July	2.9545	2.7552	2.8706
August	2.9179	2.8015	2.8365
September	2.8403	2.7714	2.8066
October	2.8145	2.7483	2.7775
November	2.8576	2.7821	2.8105
December	2.8169	2.7317	2.7665