YEARLY HIGH
0.0009 BWP
YEARLY LOW
0.0008 BWP
YEARLY AVERAGE
0.0009 BWP

2023 IDR to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IDR to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on June 1, valuing the pair at 0.0009. Conversely, the yearly low was recorded on January 4, dropping to 0.0008.

This high-to-low spread represents a total annual volatility of 0.0001 BWP. From a start-to-finish perspective, comparing the January average rate of 0.0008 to the December average rate of 0.0009, the exchange rate registered a net change of 4.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0009 was up 4.03% compared to the 2022 peak of 0.0009, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 10,000,000 IDR based on timing:

Yearly Peak High 9,245 BWP
2022 Average 8,327 BWP
Yearly Trough Low 8,150 BWP
Transaction Impact: A difference of 1,095.09 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0009
0.0008
JanuMarcMayJulySeptNove

IDR 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 0.0009, compared to 0.0009 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0009
H2 Avg (Jul–Dec) 0.0009

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0000 BWP (High: 0.0009 / Low: 0.0008). On the other end, September was the most stable month, with a tight range of 0.0000 BWP (High: 0.0009 / Low: 0.0009).

January Spread (Volatile) ±0.0000
September Spread (Stable) ±0.0000

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 June and July, when the average rate fell by 0.0000 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.0009) against the same month in 2022 (average: 0.0008), the exchange rate shifted by +0.0001 (+8.88%).

2023 Avg (June) 0.0009
2022 Avg (June) 0.0008

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0009 0.0008 0.0008
February 0.0009 0.0008 0.0009
March 0.0009 0.0009 0.0009
April 0.0009 0.0009 0.0009
May 0.0009 0.0009 0.0009
June 0.0009 0.0009 0.0009
July 0.0009 0.0009 0.0009
August 0.0009 0.0009 0.0009
September 0.0009 0.0009 0.0009
October 0.0009 0.0009 0.0009
November 0.0009 0.0009 0.0009
December 0.0009 0.0009 0.0009