2023 CDF to BWP Historical Review

YEARLY HIGH

0.0066 BWP

YEARLY LOW

0.0048 BWP

YEARLY AVERAGE

0.0058 BWP

2023 CDF to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CDF to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 13, valuing the pair at 0.0066. Conversely, the yearly low was recorded on December 21, dropping to 0.0048.

This high-to-low spread represents a total annual volatility of 0.0018 BWP. From a start-to-finish perspective, comparing the January average rate of 0.0062 to the December average rate of 0.0050, the exchange rate registered a net change of -20.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0066 was down 0.87% compared to the 2022 peak of 0.0067, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 33 BWP

2022 Average 31 BWP

Yearly Trough Low 24 BWP

Transaction Impact: A difference of 9.06 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0065

0.0048

JanuMarcMayJulySeptNove

CDF 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 0.0062, compared to 0.0053 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) 0.0062

H2 Avg (Jul–Dec) 0.0053

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0008 BWP (High: 0.0066 / Low: 0.0058). On the other end, September was the most stable month, with a tight range of 0.0001 BWP (High: 0.0056 / Low: 0.0054).

May Spread (Volatile) ±0.0008

September Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and March, 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 May and June, when the average rate fell by 0.0005 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.0062) against the same month in 2022 (average: 0.0060), the exchange rate shifted by +0.0001 (+2.26%).

2023 Avg (May) 0.0062

2022 Avg (May) 0.0060

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0064	0.0061	0.0062
February	0.0065	0.0062	0.0063
March	0.0065	0.0063	0.0064
April	0.0064	0.0060	0.0063
May	0.0066	0.0058	0.0062
June	0.0059	0.0056	0.0057
July	0.0056	0.0051	0.0054
August	0.0056	0.0053	0.0054
September	0.0056	0.0054	0.0055
October	0.0056	0.0053	0.0055
November	0.0055	0.0050	0.0053
December	0.0051	0.0048	0.0050