2023 BWP to STD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 BWP to STD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the BWP to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 1806.8951. Conversely, the yearly low was recorded on October 5, dropping to 1608.7277.
This high-to-low spread represents a total annual volatility of 198.1674 STD. From a start-to-finish perspective, comparing the January average rate of 1786.8025 to the December average rate of 1649.8542, the exchange rate registered a net change of -7.66% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 1806.8951 was down 7.42% compared to the 2022 peak of 1951.7679, 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 STD 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 1731.6992, compared to 1653.9698 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 77.7294 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was February, with a trading range of 85.3162 STD (High: 1798.6090 / Low: 1713.2929). On the other end, October was the most stable month, with a tight range of 26.0251 STD (High: 1634.7528 / Low: 1608.7277).
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 July and August, when the average rate fell by 67.5987 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2023: 1786.8025) against the same month in 2022 (average: 1821.9794), the exchange rate shifted by -35.1769 (-1.93%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1806.8951 | 1769.5137 | 1786.8025 |
| February | 1798.6090 | 1713.2929 | 1744.6627 |
| March | 1754.3758 | 1701.9010 | 1726.6989 |
| April | 1754.3758 | 1723.3776 | 1739.0860 |
| May | 1735.1597 | 1655.4135 | 1694.8022 |
| June | 1724.8840 | 1655.3690 | 1698.1426 |
| July | 1756.9297 | 1681.9181 | 1718.9485 |
| August | 1686.0171 | 1634.1431 | 1651.3499 |
| September | 1649.8162 | 1615.8980 | 1632.7828 |
| October | 1634.7528 | 1608.7277 | 1622.2292 |
| November | 1669.2241 | 1632.9744 | 1648.6541 |
| December | 1665.9245 | 1625.1243 | 1649.8542 |