2023 JPY to BWP Historical Review

YEARLY HIGH

0.1011 BWP

YEARLY LOW

0.0885 BWP

YEARLY AVERAGE

0.0952 BWP

2023 JPY to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JPY to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 20, valuing the pair at 0.1011. Conversely, the yearly low was recorded on November 15, dropping to 0.0885.

This high-to-low spread represents a total annual volatility of 0.0125 BWP. From a start-to-finish perspective, comparing the January average rate of 0.0981 to the December average rate of 0.0940, the exchange rate registered a net change of -4.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1011 was down 1.20% compared to the 2022 peak of 0.1023, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 JPY based on timing:

Yearly Peak High 50,532 BWP

2022 Average 47,181 BWP

Yearly Trough Low 44,269 BWP

Transaction Impact: A difference of 6,263.56 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0998

0.0894

JanuMarcMayJulySeptNove

JPY 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 0.0978, compared to 0.0926 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0053 points.

H1 Avg (Jan–Jun) 0.0978

H2 Avg (Jul–Dec) 0.0926

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0067 BWP (High: 0.0994 / Low: 0.0927). On the other end, September was the most stable month, with a tight range of 0.0018 BWP (High: 0.0933 / Low: 0.0914).

June Spread (Volatile) ±0.0067

September Spread (Stable) ±0.0018

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 May and June, when the average rate fell by 0.0030 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0990) against the same month in 2022 (average: 0.0977), the exchange rate shifted by +0.0013 (+1.30%).

2023 Avg (March) 0.0990

2022 Avg (March) 0.0977

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0996	0.0960	0.0981
February	0.0997	0.0971	0.0982
March	0.1011	0.0968	0.0990
April	0.1000	0.0958	0.0983
May	0.0999	0.0961	0.0982
June	0.0994	0.0927	0.0951
July	0.0963	0.0920	0.0938
August	0.0949	0.0921	0.0932
September	0.0933	0.0914	0.0923
October	0.0934	0.0901	0.0918
November	0.0919	0.0885	0.0902
December	0.0959	0.0920	0.0940