2023 BWP to WST Historical Review

YEARLY HIGH

0.2136 WST

YEARLY LOW

0.1963 WST

YEARLY AVERAGE

0.2046 WST

2023 BWP to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BWP to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 0.2136. Conversely, the yearly low was recorded on October 5, dropping to 0.1963.

This high-to-low spread represents a total annual volatility of 0.0173 WST. From a start-to-finish perspective, comparing the January average rate of 0.2112 to the December average rate of 0.2073, the exchange rate registered a net change of -1.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2136 was down 6.74% compared to the 2022 peak of 0.2290, 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 1,068 WST

2022 Average 1,083 WST

Yearly Trough Low 981 WST

Transaction Impact: A difference of 86.41 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2124

0.1980

JanuMarcMayJulySeptNove

BWP to WST 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 0.2057, compared to 0.2035 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.2057

H2 Avg (Jul–Dec) 0.2035

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0101 WST (High: 0.2126 / Low: 0.2025). On the other end, April was the most stable month, with a tight range of 0.0037 WST (High: 0.2095 / Low: 0.2058).

February Spread (Volatile) ±0.0101

April Spread (Stable) ±0.0037

Growth Streaks & Declines

Trends

Between September and December, 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 April and May, when the average rate fell by 0.0053 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0053

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.2112) against the same month in 2022 (average: 0.2241), the exchange rate shifted by -0.0129 (-5.76%).

2023 Avg (January) 0.2112

2022 Avg (January) 0.2241

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2136	0.2091	0.2112
February	0.2126	0.2025	0.2062
March	0.2095	0.2011	0.2041
April	0.2095	0.2058	0.2077
May	0.2072	0.1977	0.2024
June	0.2060	0.1977	0.2028
July	0.2098	0.2008	0.2058
August	0.2057	0.1994	0.2015
September	0.2013	0.1971	0.1992
October	0.2054	0.1963	0.2002
November	0.2098	0.2052	0.2072
December	0.2093	0.2042	0.2073