YEARLY HIGH
0.0261 BWP
YEARLY LOW
0.0215 BWP
YEARLY AVERAGE
0.0247 BWP

2023 CRC to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CRC to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 5, valuing the pair at 0.0261. Conversely, the yearly low was recorded on January 4, dropping to 0.0215.

This high-to-low spread represents a total annual volatility of 0.0045 BWP. From a start-to-finish perspective, comparing the January average rate of 0.0222 to the December average rate of 0.0257, the exchange rate registered a net change of 15.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0261 was up 16.85% compared to the 2022 peak of 0.0223, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 130 BWP
2022 Average 96 BWP
Yearly Trough Low 108 BWP
Transaction Impact: A difference of 22.73 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0262
0.0219
JanuMarcMayJulySeptNove

CRC 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 0.0240, compared to 0.0253 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0240
H2 Avg (Jul–Dec) 0.0253

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0018 BWP (High: 0.0233 / Low: 0.0215). On the other end, November was the most stable month, with a tight range of 0.0005 BWP (High: 0.0257 / Low: 0.0252).

January Spread (Volatile) ±0.0018
November Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between 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 June and July, when the average rate fell by 0.0004 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0258) against the same month in 2022 (average: 0.0215), the exchange rate shifted by +0.0044 (+20.39%).

2023 Avg (October) 0.0258
2022 Avg (October) 0.0215

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0233 0.0215 0.0222
February 0.0238 0.0223 0.0232
March 0.0247 0.0237 0.0242
April 0.0249 0.0240 0.0245
May 0.0256 0.0243 0.0251
June 0.0256 0.0245 0.0249
July 0.0250 0.0241 0.0245
August 0.0255 0.0242 0.0251
September 0.0258 0.0250 0.0255
October 0.0261 0.0255 0.0258
November 0.0257 0.0252 0.0255
December 0.0260 0.0254 0.0257