YEARLY HIGH
0.8424 TJS
YEARLY LOW
0.7467 TJS
YEARLY AVERAGE
0.8091 TJS

2023 BWP to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BWP to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on July 27, valuing the pair at 0.8424. Conversely, the yearly low was recorded on March 8, dropping to 0.7467.

This high-to-low spread represents a total annual volatility of 0.0957 TJS. From a start-to-finish perspective, comparing the January average rate of 0.8010 to the December average rate of 0.8100, the exchange rate registered a net change of 1.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8424 was down 25.81% compared to the 2022 peak of 1.1355, 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 4,212 TJS
2022 Average 4,463 TJS
Yearly Trough Low 3,733 TJS
Transaction Impact: A difference of 478.59 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8348
0.7906
JanuMarcMayJulySeptNove

BWP to TJS 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 0.8081, compared to 0.8102 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.8081
H2 Avg (Jul–Dec) 0.8102

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0925 TJS (High: 0.8391 / Low: 0.7467). On the other end, April was the most stable month, with a tight range of 0.0143 TJS (High: 0.8391 / Low: 0.8249).

March Spread (Volatile) ±0.0925
April Spread (Stable) ±0.0143

Growth Streaks & Declines

Trends

Between February and April, 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 0.0203 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0203

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.8255) against the same month in 2022 (average: 0.8076), the exchange rate shifted by +0.0179 (+2.21%).

2023 Avg (July) 0.8255
2022 Avg (July) 0.8076

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8076 0.7925 0.8010
February 0.8157 0.7517 0.7943
March 0.8391 0.7467 0.7988
April 0.8391 0.8249 0.8311
May 0.8299 0.7916 0.8108
June 0.8259 0.7920 0.8126
July 0.8424 0.8055 0.8255
August 0.8293 0.8055 0.8134
September 0.8134 0.7975 0.8047
October 0.8052 0.7902 0.7985
November 0.8176 0.8024 0.8089
December 0.8199 0.7972 0.8100