YEARLY HIGH
0.1676 BWP
YEARLY LOW
0.1539 BWP
YEARLY AVERAGE
0.1617 BWP

2023 INR to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the INR to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on June 1, valuing the pair at 0.1676. Conversely, the yearly low was recorded on January 4, dropping to 0.1539.

This high-to-low spread represents a total annual volatility of 0.0136 BWP. From a start-to-finish perspective, comparing the January average rate of 0.1563 to the December average rate of 0.1622, the exchange rate registered a net change of 3.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1676 was up 1.61% compared to the 2022 peak of 0.1649, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 INR based on timing:

Yearly Peak High 41,895 BWP
2022 Average 39,328 BWP
Yearly Trough Low 38,487 BWP
Transaction Impact: A difference of 3,407.87 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1659
0.1554
JanuMarcMayJulySeptNove

INR 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 0.1605, compared to 0.1630 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0025 points.

H1 Avg (Jan–Jun) 0.1605
H2 Avg (Jul–Dec) 0.1630

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0068 BWP (High: 0.1612 / Low: 0.1544). On the other end, September was the most stable month, with a tight range of 0.0024 BWP (High: 0.1657 / Low: 0.1633).

February Spread (Volatile) ±0.0068
September Spread (Stable) ±0.0024

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 0.0027 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0027

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.1636) against the same month in 2022 (average: 0.1556), the exchange rate shifted by +0.0080 (+5.14%).

2023 Avg (June) 0.1636
2022 Avg (June) 0.1556

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1581 0.1539 0.1563
February 0.1612 0.1544 0.1583
March 0.1636 0.1583 0.1607
April 0.1620 0.1583 0.1601
May 0.1668 0.1610 0.1636
June 0.1676 0.1614 0.1636
July 0.1643 0.1577 0.1611
August 0.1639 0.1606 0.1629
September 0.1657 0.1633 0.1643
October 0.1664 0.1637 0.1650
November 0.1640 0.1603 0.1623
December 0.1645 0.1608 0.1622