YEARLY HIGH
6.8905 BWP
YEARLY LOW
6.2877 BWP
YEARLY AVERAGE
6.6286 BWP

2023 BZD to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BZD to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 5, valuing the pair at 6.8905. Conversely, the yearly low was recorded on January 13, dropping to 6.2877.

This high-to-low spread represents a total annual volatility of 0.6028 BWP. From a start-to-finish perspective, comparing the January average rate of 6.3372 to the December average rate of 6.6936, the exchange rate registered a net change of 5.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 6.8905 was up 2.50% compared to the 2022 peak of 6.7222, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BZD based on timing:

Yearly Peak High 34,453 BWP
2022 Average 30,691 BWP
Yearly Trough Low 31,438 BWP
Transaction Impact: A difference of 3,014.20 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

6.8674
6.2890
JanuMarcMayJulySeptNove

BZD to BWP 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 6.5459, compared to 6.7113 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1654 points.

H1 Avg (Jan–Jun) 6.5459
H2 Avg (Jul–Dec) 6.7113

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.3152 BWP (High: 6.8431 / Low: 6.5279). On the other end, January was the most stable month, with a tight range of 0.1058 BWP (High: 6.3935 / Low: 6.2877).

May Spread (Volatile) ±0.3152
January Spread (Stable) ±0.1058

Growth Streaks & Declines

Trends

Between July and October, 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 October and November, when the average rate fell by 0.1060 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1060

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 6.8192) against the same month in 2022 (average: 6.6425), the exchange rate shifted by +0.1767 (+2.66%).

2023 Avg (October) 6.8192
2022 Avg (October) 6.6425

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6.3935 6.2877 6.3372
February 6.6103 6.2960 6.4907
March 6.6544 6.4590 6.5743
April 6.5709 6.4590 6.5178
May 6.8431 6.5279 6.6858
June 6.8429 6.5624 6.6699
July 6.7317 6.4431 6.5759
August 6.7637 6.5537 6.6943
September 6.8337 6.6999 6.7718
October 6.8905 6.7634 6.8192
November 6.7725 6.6369 6.7132
December 6.7958 6.6104 6.6936