2023 HTG to BWP Historical Review

YEARLY HIGH

0.1037 BWP

YEARLY LOW

0.0837 BWP

YEARLY AVERAGE

0.0947 BWP

2023 HTG to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HTG to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 11, valuing the pair at 0.1037. Conversely, the yearly low was recorded on April 15, dropping to 0.0837.

This high-to-low spread represents a total annual volatility of 0.0200 BWP. From a start-to-finish perspective, comparing the January average rate of 0.0861 to the December average rate of 0.1021, the exchange rate registered a net change of 18.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1037 was down 12.83% compared to the 2022 peak of 0.1189, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 518 BWP

2022 Average 530 BWP

Yearly Trough Low 418 BWP

Transaction Impact: A difference of 100.13 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1043

0.0829

JanuMarcMayJulySeptNove

HTG 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 0.0889, compared to 0.1005 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0116 points.

H1 Avg (Jan–Jun) 0.0889

H2 Avg (Jul–Dec) 0.1005

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0131 BWP (High: 0.0985 / Low: 0.0855). On the other end, January was the most stable month, with a tight range of 0.0017 BWP (High: 0.0871 / Low: 0.0853).

May Spread (Volatile) ±0.0131

January Spread (Stable) ±0.0017

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 March and April, when the average rate fell by 0.0014 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.1021) against the same month in 2022 (average: 0.0890), the exchange rate shifted by +0.0131 (+14.71%).

2023 Avg (December) 0.1021

2022 Avg (December) 0.0890

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0871	0.0853	0.0861
February	0.0890	0.0846	0.0871
March	0.0876	0.0841	0.0861
April	0.0860	0.0837	0.0846
May	0.0985	0.0855	0.0927
June	0.0989	0.0948	0.0965
July	0.0983	0.0944	0.0961
August	0.1004	0.0968	0.0991
September	0.1020	0.0996	0.1009
October	0.1033	0.1007	0.1025
November	0.1029	0.1008	0.1020
December	0.1037	0.1008	0.1021