YEARLY HIGH
0.1574 BWP
YEARLY LOW
0.1472 BWP
YEARLY AVERAGE
0.1520 BWP

2023 KGS to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KGS to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on June 1, valuing the pair at 0.1574. Conversely, the yearly low was recorded on February 2, dropping to 0.1472.

This high-to-low spread represents a total annual volatility of 0.0102 BWP. From a start-to-finish perspective, comparing the January average rate of 0.1493 to the December average rate of 0.1515, the exchange rate registered a net change of 1.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1574 was down 5.46% compared to the 2022 peak of 0.1665, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 787 BWP
2022 Average 737 BWP
Yearly Trough Low 736 BWP
Transaction Impact: A difference of 51.21 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1546
0.1488
JanuMarcMayJulySeptNove

KGS 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 0.1514, compared to 0.1526 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.1514
H2 Avg (Jul–Dec) 0.1526

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0071 BWP (High: 0.1574 / Low: 0.1503). On the other end, September was the most stable month, with a tight range of 0.0025 BWP (High: 0.1555 / Low: 0.1530).

May Spread (Volatile) ±0.0071
September Spread (Stable) ±0.0025

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 June and July, when the average rate fell by 0.0028 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.1537) against the same month in 2022 (average: 0.1527), the exchange rate shifted by +0.0011 (+0.69%).

2023 Avg (June) 0.1537
2022 Avg (June) 0.1527

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1534 0.1474 0.1493
February 0.1524 0.1472 0.1504
March 0.1534 0.1488 0.1512
April 0.1514 0.1487 0.1500
May 0.1574 0.1503 0.1540
June 0.1574 0.1511 0.1537
July 0.1547 0.1483 0.1509
August 0.1545 0.1506 0.1532
September 0.1555 0.1530 0.1541
October 0.1561 0.1526 0.1541
November 0.1530 0.1495 0.1516
December 0.1536 0.1503 0.1515