2023 LRD to BWP Historical Review

YEARLY HIGH

0.0866 BWP

YEARLY LOW

0.0700 BWP

YEARLY AVERAGE

0.0768 BWP

2023 LRD to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LRD to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 25, valuing the pair at 0.0866. Conversely, the yearly low was recorded on July 30, dropping to 0.0700.

This high-to-low spread represents a total annual volatility of 0.0166 BWP. From a start-to-finish perspective, comparing the January average rate of 0.0822 to the December average rate of 0.0718, the exchange rate registered a net change of -12.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0866 was down 1.68% compared to the 2022 peak of 0.0881, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 433 BWP

2022 Average 405 BWP

Yearly Trough Low 350 BWP

Transaction Impact: A difference of 82.87 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0848

0.0706

JanuMarcMayJulySeptNove

LRD 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 0.0812, compared to 0.0725 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) 0.0812

H2 Avg (Jul–Dec) 0.0725

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0071 BWP (High: 0.0815 / Low: 0.0744). On the other end, September was the most stable month, with a tight range of 0.0013 BWP (High: 0.0739 / Low: 0.0726).

June Spread (Volatile) ±0.0071

September Spread (Stable) ±0.0013

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 0.0049 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0049

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0836) against the same month in 2022 (average: 0.0751), the exchange rate shifted by +0.0086 (+11.41%).

2023 Avg (February) 0.0836

2022 Avg (February) 0.0751

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0835	0.0813	0.0822
February	0.0866	0.0809	0.0836
March	0.0862	0.0802	0.0829
April	0.0813	0.0791	0.0805
May	0.0819	0.0795	0.0807
June	0.0815	0.0744	0.0770
July	0.0749	0.0700	0.0721
August	0.0732	0.0709	0.0724
September	0.0739	0.0726	0.0732
October	0.0742	0.0727	0.0735
November	0.0728	0.0711	0.0720
December	0.0729	0.0710	0.0718