2023 BWP to XOF Historical Review

YEARLY HIGH

48.7314 XOF

YEARLY LOW

43.9585 XOF

YEARLY AVERAGE

45.4114 XOF

2023 BWP to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BWP to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 48.7314. Conversely, the yearly low was recorded on December 28, dropping to 43.9585.

This high-to-low spread represents a total annual volatility of 4.7728 XOF. From a start-to-finish perspective, comparing the January average rate of 47.6054 to the December average rate of 44.4658, the exchange rate registered a net change of -6.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 48.7314 was down 7.33% compared to the 2022 peak of 52.5858, 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 243,657 XOF

2022 Average 252,261 XOF

Yearly Trough Low 219,793 XOF

Transaction Impact: A difference of 23,864.25 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

47.9193

44.1518

JanuMarcMayJulySeptNove

BWP to XOF 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 46.0044, compared to 44.8184 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.1860 points.

H1 Avg (Jan–Jun) 46.0044

H2 Avg (Jul–Dec) 44.8184

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 2.1552 XOF (High: 46.6661 / Low: 44.5109). On the other end, October was the most stable month, with a tight range of 0.9276 XOF (High: 45.6345 / Low: 44.7069).

April Spread (Volatile) ±2.1552

October Spread (Stable) ±0.9276

Growth Streaks & Declines

Trends

Between August and October, 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 March and April, when the average rate fell by 0.8291 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.8291

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 47.6054) against the same month in 2022 (average: 49.9155), the exchange rate shifted by -2.3101 (-4.63%).

2023 Avg (January) 47.6054

2022 Avg (January) 49.9155

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	48.7314	46.9309	47.6054
February	47.6561	46.2934	46.8489
March	46.9329	45.5351	46.3149
April	46.6661	44.5109	45.4858
May	45.2397	44.2934	44.7668
June	45.4594	44.2119	45.0044
July	45.9946	44.0678	44.8134
August	45.1344	44.1172	44.5599
September	45.5112	44.5796	45.0142
October	45.6345	44.7069	45.2004
November	45.5816	44.0832	44.8567
December	44.9423	43.9585	44.4658