2023 CHF to BWP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 CHF to BWP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the CHF to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 15.9832. Conversely, the yearly low was recorded on January 14, dropping to 13.6217.
This high-to-low spread represents a total annual volatility of 2.3615 BWP. From a start-to-finish perspective, comparing the January average rate of 13.8246 to the December average rate of 15.6368, the exchange rate registered a net change of 13.11% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 15.9832 was up 13.65% compared to the 2022 peak of 14.0641, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CHF based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
CHF to BWP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 14.4605, compared to 15.2812 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8207 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was April, with a trading range of 0.6509 BWP (High: 14.8268 / Low: 14.1759). On the other end, August was the most stable month, with a tight range of 0.3727 BWP (High: 15.5174 / Low: 15.1447).
Growth Streaks & Declines
TrendsBetween January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.1767 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 15.6368) against the same month in 2022 (average: 13.8232), the exchange rate shifted by +1.8136 (+13.12%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 14.0435 | 13.6217 | 13.8246 |
| February | 14.2952 | 13.7481 | 14.1197 |
| March | 14.4877 | 14.0445 | 14.2869 |
| April | 14.8268 | 14.1759 | 14.6022 |
| May | 15.2032 | 14.7204 | 14.9960 |
| June | 15.2249 | 14.7555 | 14.9332 |
| July | 15.3663 | 14.9508 | 15.1423 |
| August | 15.5174 | 15.1447 | 15.3573 |
| September | 15.4262 | 14.9188 | 15.1806 |
| October | 15.4314 | 14.9337 | 15.2023 |
| November | 15.5337 | 14.9245 | 15.1678 |
| December | 15.9832 | 15.3859 | 15.6368 |