2023 EUR to BWP Historical Review

YEARLY HIGH

14.9222 BWP

YEARLY LOW

13.4607 BWP

YEARLY AVERAGE

14.4518 BWP

2023 EUR to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the EUR to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 14.9222. Conversely, the yearly low was recorded on January 5, dropping to 13.4607.

This high-to-low spread represents a total annual volatility of 1.4615 BWP. From a start-to-finish perspective, comparing the January average rate of 13.7803 to the December average rate of 14.7525, the exchange rate registered a net change of 7.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 14.9222 was up 7.89% compared to the 2022 peak of 13.8312, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 74,611 BWP

2022 Average 65,041 BWP

Yearly Trough Low 67,303 BWP

Transaction Impact: A difference of 7,307.56 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

14.8497

13.6831

JanuMarcMayJulySeptNove

EUR 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 14.2664, compared to 14.6372 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3708 points.

H1 Avg (Jan–Jun) 14.2664

H2 Avg (Jul–Dec) 14.6372

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.6806 BWP (High: 14.7370 / Low: 14.0564). On the other end, October was the most stable month, with a tight range of 0.2982 BWP (High: 14.6724 / Low: 14.3742).

April Spread (Volatile) ±0.6806

October Spread (Stable) ±0.2982

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 0.1488 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.1488

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 14.7525) against the same month in 2022 (average: 13.6543), the exchange rate shifted by +1.0982 (+8.04%).

2023 Avg (December) 14.7525

2022 Avg (December) 13.6543

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.9771	13.4607	13.7803
February	14.1696	13.7644	14.0022
March	14.4055	13.9765	14.1636
April	14.7370	14.0564	14.4227
May	14.8094	14.4996	14.6533
June	14.8367	14.4295	14.5760
July	14.8852	14.2616	14.6392
August	14.8685	14.5334	14.7214
September	14.7143	14.4131	14.5727
October	14.6724	14.3742	14.5126
November	14.8800	14.3908	14.6249
December	14.9222	14.5955	14.7525