YEARLY HIGH
0.1052 BWP
YEARLY LOW
0.0854 BWP
YEARLY AVERAGE
0.0959 BWP

2023 KES to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KES to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 25, valuing the pair at 0.1052. Conversely, the yearly low was recorded on December 30, dropping to 0.0854.

This high-to-low spread represents a total annual volatility of 0.0198 BWP. From a start-to-finish perspective, comparing the January average rate of 0.1031 to the December average rate of 0.0875, the exchange rate registered a net change of -15.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1052 was down 5.61% compared to the 2022 peak of 0.1115, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 526 BWP
2022 Average 524 BWP
Yearly Trough Low 427 BWP
Transaction Impact: A difference of 99.22 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1058
0.0858
JanuMarcMayJulySeptNove

KES 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 0.1002, compared to 0.0915 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0087 points.

H1 Avg (Jan–Jun) 0.1002
H2 Avg (Jul–Dec) 0.0915

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0061 BWP (High: 0.0975 / Low: 0.0913). On the other end, September was the most stable month, with a tight range of 0.0019 BWP (High: 0.0940 / Low: 0.0921).

July Spread (Volatile) ±0.0061
September Spread (Stable) ±0.0019

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0044 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0044

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.1041) against the same month in 2022 (average: 0.1015), the exchange rate shifted by +0.0027 (+2.63%).

2023 Avg (February) 0.1041
2022 Avg (February) 0.1015

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1043 0.1022 0.1031
February 0.1052 0.1018 0.1041
March 0.1040 0.0982 0.1020
April 0.0991 0.0961 0.0977
May 0.0994 0.0964 0.0982
June 0.0997 0.0945 0.0963
July 0.0975 0.0913 0.0936
August 0.0949 0.0926 0.0939
September 0.0940 0.0921 0.0930
October 0.0936 0.0906 0.0920
November 0.0907 0.0876 0.0890
December 0.0892 0.0854 0.0875