YEARLY HIGH
0.0106 BWP
YEARLY LOW
0.0098 BWP
YEARLY AVERAGE
0.0102 BWP

2023 KRW to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KRW to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 13, valuing the pair at 0.0106. Conversely, the yearly low was recorded on April 30, dropping to 0.0098.

This high-to-low spread represents a total annual volatility of 0.0008 BWP. From a start-to-finish perspective, comparing the January average rate of 0.0103 to the December average rate of 0.0104, the exchange rate registered a net change of 0.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0106 was up 4.19% compared to the 2022 peak of 0.0102, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 52,975 BWP
2022 Average 47,906 BWP
Yearly Trough Low 48,837 BWP
Transaction Impact: A difference of 4,137.78 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0104
0.0099
JanuMarcMayJulySeptNove

KRW 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 0.0102, compared to 0.0103 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0102
H2 Avg (Jul–Dec) 0.0103

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0006 BWP (High: 0.0104 / Low: 0.0098). On the other end, October was the most stable month, with a tight range of 0.0002 BWP (High: 0.0103 / Low: 0.0101).

May Spread (Volatile) ±0.0006
October Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between April and June, 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 March and April, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0104) against the same month in 2022 (average: 0.0100), the exchange rate shifted by +0.0004 (+4.21%).

2023 Avg (December) 0.0104
2022 Avg (December) 0.0100

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0104 0.0100 0.0103
February 0.0105 0.0101 0.0102
March 0.0102 0.0100 0.0101
April 0.0101 0.0098 0.0099
May 0.0104 0.0098 0.0101
June 0.0106 0.0101 0.0104
July 0.0104 0.0101 0.0103
August 0.0103 0.0101 0.0102
September 0.0103 0.0101 0.0102
October 0.0103 0.0101 0.0102
November 0.0105 0.0101 0.0103
December 0.0106 0.0103 0.0104