YEARLY HIGH
0.6904 SVC
YEARLY LOW
0.6300 SVC
YEARLY AVERAGE
0.6552 SVC

2023 BWP to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BWP to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 0.6904. Conversely, the yearly low was recorded on October 5, dropping to 0.6300.

This high-to-low spread represents a total annual volatility of 0.0604 SVC. From a start-to-finish perspective, comparing the January average rate of 0.6850 to the December average rate of 0.6486, the exchange rate registered a net change of -5.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6904 was down 9.88% compared to the 2022 peak of 0.7661, 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 3,452 SVC
2022 Average 3,546 SVC
Yearly Trough Low 3,150 SVC
Transaction Impact: A difference of 302.17 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6899
0.6317
JanuMarcMayJulySeptNove

BWP to SVC 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 0.6635, compared to 0.6469 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0166 points.

H1 Avg (Jan–Jun) 0.6635
H2 Avg (Jul–Dec) 0.6469

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0327 SVC (High: 0.6895 / Low: 0.6568). On the other end, April was the most stable month, with a tight range of 0.0110 SVC (High: 0.6716 / Low: 0.6606).

February Spread (Volatile) ±0.0327
April Spread (Stable) ±0.0110

Growth Streaks & Declines

Trends

Between 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 0.0166 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0166

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.6850) against the same month in 2022 (average: 0.7537), the exchange rate shifted by -0.0686 (-9.11%).

2023 Avg (January) 0.6850
2022 Avg (January) 0.7537

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6904 0.6789 0.6850
February 0.6895 0.6568 0.6689
March 0.6712 0.6524 0.6610
April 0.6716 0.6606 0.6660
May 0.6650 0.6344 0.6494
June 0.6615 0.6344 0.6509
July 0.6736 0.6449 0.6603
August 0.6623 0.6418 0.6485
September 0.6479 0.6352 0.6410
October 0.6418 0.6300 0.6366
November 0.6540 0.6409 0.6466
December 0.6567 0.6387 0.6486