2023 BWP to YER Historical Review

YEARLY HIGH

19.8154 YER

YEARLY LOW

18.0787 YER

YEARLY AVERAGE

18.7534 YER

2023 BWP to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BWP to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 19.8154. Conversely, the yearly low was recorded on October 5, dropping to 18.0787.

This high-to-low spread represents a total annual volatility of 1.7367 YER. From a start-to-finish perspective, comparing the January average rate of 19.5971 to the December average rate of 18.5281, the exchange rate registered a net change of -5.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 19.8154 was down 9.57% compared to the 2022 peak of 21.9128, 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 99,077 YER

2022 Average 101,421 YER

Yearly Trough Low 90,393 YER

Transaction Impact: A difference of 8,683.47 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

19.7342

18.0887

JanuMarcMayJulySeptNove

BWP to YER 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 18.9929, compared to 18.5138 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4790 points.

H1 Avg (Jan–Jun) 18.9929

H2 Avg (Jul–Dec) 18.5138

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.9397 YER (High: 19.7324 / Low: 18.7926). On the other end, October was the most stable month, with a tight range of 0.2796 YER (High: 18.3583 / Low: 18.0787).

February Spread (Volatile) ±0.9397

October Spread (Stable) ±0.2796

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 0.4864 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.4864

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 19.5971) against the same month in 2022 (average: 21.5590), the exchange rate shifted by -1.9619 (-9.10%).

2023 Avg (January) 19.5971

2022 Avg (January) 21.5590

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	19.8154	19.4035	19.5971
February	19.7324	18.7926	19.1359
March	19.2433	18.6640	18.9362
April	19.2433	18.9033	19.0745
May	19.0287	18.1578	18.5881
June	18.9198	18.1573	18.6256
July	19.2674	18.4485	18.9115
August	18.9435	18.3606	18.5509
September	18.5292	18.1556	18.3447
October	18.3583	18.0787	18.2258
November	18.7585	18.3438	18.5222
December	18.7082	18.2575	18.5281