2023 CVE to BWP Historical Review

YEARLY HIGH

0.1350 BWP

YEARLY LOW

0.1220 BWP

YEARLY AVERAGE

0.1308 BWP

2023 CVE to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CVE to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.1350. Conversely, the yearly low was recorded on January 5, dropping to 0.1220.

This high-to-low spread represents a total annual volatility of 0.0130 BWP. From a start-to-finish perspective, comparing the January average rate of 0.1247 to the December average rate of 0.1335, the exchange rate registered a net change of 7.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1350 was up 7.78% compared to the 2022 peak of 0.1253, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 675 BWP

2022 Average 588 BWP

Yearly Trough Low 610 BWP

Transaction Impact: A difference of 64.93 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1344

0.1238

JanuMarcMayJulySeptNove

CVE 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 0.1291, compared to 0.1326 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0035 points.

H1 Avg (Jan–Jun) 0.1291

H2 Avg (Jul–Dec) 0.1326

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0058 BWP (High: 0.1340 / Low: 0.1281). On the other end, October was the most stable month, with a tight range of 0.0025 BWP (High: 0.1325 / Low: 0.1300).

June Spread (Volatile) ±0.0058

October Spread (Stable) ±0.0025

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 August and September, when the average rate fell by 0.0013 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.1335) against the same month in 2022 (average: 0.1235), the exchange rate shifted by +0.0100 (+8.11%).

2023 Avg (December) 0.1335

2022 Avg (December) 0.1235

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1264	0.1220	0.1247
February	0.1279	0.1252	0.1269
March	0.1302	0.1269	0.1283
April	0.1320	0.1281	0.1303
May	0.1339	0.1309	0.1325
June	0.1340	0.1281	0.1317
July	0.1341	0.1302	0.1326
August	0.1349	0.1314	0.1335
September	0.1334	0.1304	0.1321
October	0.1325	0.1300	0.1315
November	0.1346	0.1289	0.1322
December	0.1350	0.1311	0.1335