2023 BWP to SYP Historical Review

YEARLY HIGH

198.9082 SYP

YEARLY LOW

181.4026 SYP

YEARLY AVERAGE

188.2328 SYP

2023 BWP to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BWP to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 198.9082. Conversely, the yearly low was recorded on October 5, dropping to 181.4026.

This high-to-low spread represents a total annual volatility of 17.5056 SYP. From a start-to-finish perspective, comparing the January average rate of 196.6963 to the December average rate of 186.0401, the exchange rate registered a net change of -5.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 198.9082 was down 9.59% compared to the 2022 peak of 220.0043, 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 994,541 SYP

2022 Average 1,018,184 SYP

Yearly Trough Low 907,013 SYP

Transaction Impact: A difference of 87,527.82 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

198.0734

181.5479

JanuMarcMayJulySeptNove

BWP to SYP 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 190.6304, compared to 185.8351 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.7953 points.

H1 Avg (Jan–Jun) 190.6304

H2 Avg (Jul–Dec) 185.8351

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 9.3918 SYP (High: 197.9960 / Low: 188.6042). On the other end, October was the most stable month, with a tight range of 2.9346 SYP (High: 184.3372 / Low: 181.4026).

February Spread (Volatile) ±9.3918

October Spread (Stable) ±2.9346

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 4.8749 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -4.8749

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 196.6963) against the same month in 2022 (average: 216.4167), the exchange rate shifted by -19.7204 (-9.11%).

2023 Avg (January) 196.6963

2022 Avg (January) 216.4167

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	198.9082	194.7931	196.6963
February	197.9960	188.6042	192.0574
March	193.1267	187.3501	190.0799
April	193.1267	189.7143	191.4436
May	191.0113	182.2326	186.5687
June	189.8801	182.2277	186.9364
July	193.4078	185.1503	189.8170
August	190.1179	184.2685	186.2087
September	186.0358	182.2111	184.1151
October	184.3372	181.4026	182.9251
November	188.2243	184.1367	185.9048
December	187.8522	183.2515	186.0401