YEARLY HIGH
0.0664 BWP
YEARLY LOW
0.0601 BWP
YEARLY AVERAGE
0.0636 BWP

2023 GYD to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GYD to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 5, valuing the pair at 0.0664. Conversely, the yearly low was recorded on February 2, dropping to 0.0601.

This high-to-low spread represents a total annual volatility of 0.0062 BWP. From a start-to-finish perspective, comparing the January average rate of 0.0609 to the December average rate of 0.0645, the exchange rate registered a net change of 5.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0664 was up 2.49% compared to the 2022 peak of 0.0648, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 332 BWP
2022 Average 296 BWP
Yearly Trough Low 301 BWP
Transaction Impact: A difference of 31.21 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0661
0.0604
JanuMarcMayJulySeptNove

GYD 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 0.0625, compared to 0.0646 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.0625
H2 Avg (Jul–Dec) 0.0646

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0030 BWP (High: 0.0632 / Low: 0.0601). On the other end, April was the most stable month, with a tight range of 0.0010 BWP (High: 0.0626 / Low: 0.0616).

February Spread (Volatile) ±0.0030
April Spread (Stable) ±0.0010

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 0.0010 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0657) against the same month in 2022 (average: 0.0640), the exchange rate shifted by +0.0017 (+2.68%).

2023 Avg (October) 0.0657
2022 Avg (October) 0.0640

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0616 0.0603 0.0609
February 0.0632 0.0601 0.0620
March 0.0636 0.0617 0.0627
April 0.0626 0.0616 0.0621
May 0.0652 0.0622 0.0637
June 0.0652 0.0625 0.0636
July 0.0644 0.0620 0.0631
August 0.0650 0.0631 0.0645
September 0.0658 0.0645 0.0652
October 0.0664 0.0652 0.0657
November 0.0652 0.0639 0.0646
December 0.0655 0.0636 0.0645