YEARLY HIGH
0.2140 XCD
YEARLY LOW
0.1951 XCD
YEARLY AVERAGE
0.2025 XCD

2023 BWP to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BWP to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 0.2140. Conversely, the yearly low was recorded on October 5, dropping to 0.1951.

This high-to-low spread represents a total annual volatility of 0.0188 XCD. From a start-to-finish perspective, comparing the January average rate of 0.2116 to the December average rate of 0.2001, 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 0.2140 was down 9.61% compared to the 2022 peak of 0.2367, 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 1,070 XCD
2022 Average 1,095 XCD
Yearly Trough Low 976 XCD
Transaction Impact: A difference of 94.15 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2131
0.1953
JanuMarcMayJulySeptNove

BWP to XCD 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 0.2050, compared to 0.1999 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0052 points.

H1 Avg (Jan–Jun) 0.2050
H2 Avg (Jul–Dec) 0.1999

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0101 XCD (High: 0.2130 / Low: 0.2029). On the other end, October was the most stable month, with a tight range of 0.0032 XCD (High: 0.1983 / Low: 0.1951).

February Spread (Volatile) ±0.0101
October Spread (Stable) ±0.0032

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 0.0052 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0052

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.2116) against the same month in 2022 (average: 0.2328), the exchange rate shifted by -0.0212 (-9.13%).

2023 Avg (January) 0.2116
2022 Avg (January) 0.2328

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2140 0.2095 0.2116
February 0.2130 0.2029 0.2066
March 0.2077 0.2015 0.2045
April 0.2077 0.2041 0.2059
May 0.2055 0.1960 0.2007
June 0.2042 0.1960 0.2011
July 0.2080 0.1992 0.2042
August 0.2045 0.1982 0.2003
September 0.2001 0.1960 0.1980
October 0.1983 0.1951 0.1968
November 0.2025 0.1981 0.2000
December 0.2021 0.1971 0.2001