2023 LKR to BWP Historical Review

YEARLY HIGH

0.0473 BWP

YEARLY LOW

0.0345 BWP

YEARLY AVERAGE

0.0408 BWP

2023 LKR to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LKR to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 0.0473. Conversely, the yearly low was recorded on January 12, dropping to 0.0345.

This high-to-low spread represents a total annual volatility of 0.0128 BWP. From a start-to-finish perspective, comparing the January average rate of 0.0349 to the December average rate of 0.0413, the exchange rate registered a net change of 18.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0473 was down 19.01% compared to the 2022 peak of 0.0584, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 236 BWP

2022 Average 199 BWP

Yearly Trough Low 173 BWP

Transaction Impact: A difference of 63.76 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0454

0.0340

JanuMarcMayJulySeptNove

LKR 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 0.0398, compared to 0.0418 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.0398

H2 Avg (Jul–Dec) 0.0418

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0057 BWP (High: 0.0469 / Low: 0.0412). On the other end, January was the most stable month, with a tight range of 0.0007 BWP (High: 0.0353 / Low: 0.0345).

May Spread (Volatile) ±0.0057

January Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0030 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.0445) against the same month in 2022 (average: 0.0338), the exchange rate shifted by +0.0107 (+31.62%).

2023 Avg (June) 0.0445

2022 Avg (June) 0.0338

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0353	0.0345	0.0349
February	0.0368	0.0347	0.0358
March	0.0412	0.0367	0.0396
April	0.0413	0.0394	0.0408
May	0.0469	0.0412	0.0435
June	0.0473	0.0417	0.0445
July	0.0441	0.0393	0.0415
August	0.0424	0.0414	0.0419
September	0.0426	0.0418	0.0422
October	0.0429	0.0416	0.0423
November	0.0417	0.0407	0.0412
December	0.0420	0.0407	0.0413