YEARLY HIGH
0.0591 XDR
YEARLY LOW
0.0544 XDR
YEARLY AVERAGE
0.0561 XDR

2023 BWP to XDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BWP to XDR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 0.0591. Conversely, the yearly low was recorded on June 1, dropping to 0.0544.

This high-to-low spread represents a total annual volatility of 0.0047 XDR. From a start-to-finish perspective, comparing the January average rate of 0.0583 to the December average rate of 0.0555, the exchange rate registered a net change of -4.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0591 was down 5.98% compared to the 2022 peak of 0.0629, 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 296 XDR
2022 Average 295 XDR
Yearly Trough Low 272 XDR
Transaction Impact: A difference of 23.33 XDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0586
0.0549
JanuMarcMayJulySeptNove

BWP to XDR 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 0.0566, compared to 0.0557 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0566
H2 Avg (Jul–Dec) 0.0557

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0023 XDR (High: 0.0567 / Low: 0.0544). On the other end, March was the most stable month, with a tight range of 0.0011 XDR (High: 0.0572 / Low: 0.0561).

June Spread (Volatile) ±0.0023
March Spread (Stable) ±0.0011

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 0.0012 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0583) against the same month in 2022 (average: 0.0614), the exchange rate shifted by -0.0031 (-5.10%).

2023 Avg (January) 0.0583
2022 Avg (January) 0.0614

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0591 0.0575 0.0583
February 0.0583 0.0564 0.0571
March 0.0572 0.0561 0.0567
April 0.0572 0.0559 0.0565
May 0.0564 0.0544 0.0552
June 0.0567 0.0544 0.0557
July 0.0572 0.0553 0.0562
August 0.0564 0.0550 0.0555
September 0.0559 0.0547 0.0554
October 0.0560 0.0548 0.0554
November 0.0567 0.0552 0.0560
December 0.0565 0.0549 0.0555