2023 DJF to BWP Historical Review

YEARLY HIGH

0.0780 BWP

YEARLY LOW

0.0712 BWP

YEARLY AVERAGE

0.0751 BWP

2023 DJF to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DJF to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 5, valuing the pair at 0.0780. Conversely, the yearly low was recorded on January 15, dropping to 0.0712.

This high-to-low spread represents a total annual volatility of 0.0068 BWP. From a start-to-finish perspective, comparing the January average rate of 0.0719 to the December average rate of 0.0758, the exchange rate registered a net change of 5.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0780 was up 2.58% compared to the 2022 peak of 0.0760, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 390 BWP

2022 Average 347 BWP

Yearly Trough Low 356 BWP

Transaction Impact: A difference of 34.10 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0778

0.0713

JanuMarcMayJulySeptNove

DJF 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 0.0742, compared to 0.0760 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.0742

H2 Avg (Jul–Dec) 0.0760

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0036 BWP (High: 0.0749 / Low: 0.0713). On the other end, November was the most stable month, with a tight range of 0.0014 BWP (High: 0.0767 / Low: 0.0753).

February Spread (Volatile) ±0.0036

November Spread (Stable) ±0.0014

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 0.0011 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0772) against the same month in 2022 (average: 0.0752), the exchange rate shifted by +0.0020 (+2.65%).

2023 Avg (October) 0.0772

2022 Avg (October) 0.0752

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0727	0.0712	0.0719
February	0.0749	0.0713	0.0735
March	0.0753	0.0732	0.0744
April	0.0754	0.0732	0.0739
May	0.0775	0.0741	0.0757
June	0.0775	0.0743	0.0755
July	0.0762	0.0732	0.0745
August	0.0766	0.0742	0.0758
September	0.0774	0.0759	0.0767
October	0.0780	0.0766	0.0772
November	0.0767	0.0753	0.0761
December	0.0770	0.0748	0.0758