2023 GMD to BWP Historical Review

YEARLY HIGH

0.2315 BWP

YEARLY LOW

0.1985 BWP

YEARLY AVERAGE

0.2147 BWP

2023 GMD to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GMD to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on June 1, valuing the pair at 0.2315. Conversely, the yearly low was recorded on December 15, dropping to 0.1985.

This high-to-low spread represents a total annual volatility of 0.0330 BWP. From a start-to-finish perspective, comparing the January average rate of 0.2060 to the December average rate of 0.2005, the exchange rate registered a net change of -2.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2315 was down 5.28% compared to the 2022 peak of 0.2444, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,157 BWP

2022 Average 1,118 BWP

Yearly Trough Low 992 BWP

Transaction Impact: A difference of 164.83 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2285

0.1980

JanuMarcMayJulySeptNove

GMD 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 0.2165, compared to 0.2129 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0036 points.

H1 Avg (Jan–Jun) 0.2165

H2 Avg (Jul–Dec) 0.2129

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0176 BWP (High: 0.2270 / Low: 0.2094). On the other end, October was the most stable month, with a tight range of 0.0049 BWP (High: 0.2124 / Low: 0.2075).

September Spread (Volatile) ±0.0176

October Spread (Stable) ±0.0049

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0116 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0116

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.2260) against the same month in 2022 (average: 0.2246), the exchange rate shifted by +0.0014 (+0.64%).

2023 Avg (June) 0.2260

2022 Avg (June) 0.2246

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2094	0.2032	0.2060
February	0.2183	0.2080	0.2142
March	0.2190	0.2093	0.2153
April	0.2209	0.2093	0.2122
May	0.2315	0.2190	0.2254
June	0.2315	0.2223	0.2260
July	0.2276	0.2180	0.2220
August	0.2250	0.2189	0.2227
September	0.2270	0.2094	0.2209
October	0.2124	0.2075	0.2093
November	0.2098	0.1985	0.2021
December	0.2034	0.1985	0.2005