2023 MGA to BWP Historical Review

YEARLY HIGH

0.0031 BWP

YEARLY LOW

0.0028 BWP

YEARLY AVERAGE

0.0030 BWP

2023 MGA to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MGA to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on June 1, valuing the pair at 0.0031. Conversely, the yearly low was recorded on January 11, dropping to 0.0028.

This high-to-low spread represents a total annual volatility of 0.0003 BWP. From a start-to-finish perspective, comparing the January average rate of 0.0029 to the December average rate of 0.0029, the exchange rate registered a net change of 1.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0031 was down 1.97% compared to the 2022 peak of 0.0032, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 16 BWP

2022 Average 15 BWP

Yearly Trough Low 14 BWP

Transaction Impact: A difference of 1.67 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0031

0.0029

JanuMarcMayJulySeptNove

MGA 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 0.0030, compared to 0.0030 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0030

H2 Avg (Jul–Dec) 0.0030

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0002 BWP (High: 0.0031 / Low: 0.0029). On the other end, April was the most stable month, with a tight range of 0.0001 BWP (High: 0.0030 / Low: 0.0030).

June Spread (Volatile) ±0.0002

April Spread (Stable) ±0.0001

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 March and April, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.0030) against the same month in 2022 (average: 0.0030), the exchange rate shifted by +0.0000 (+0.17%).

2023 Avg (June) 0.0030

2022 Avg (June) 0.0030

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0030	0.0028	0.0029
February	0.0031	0.0030	0.0030
March	0.0031	0.0030	0.0031
April	0.0030	0.0030	0.0030
May	0.0031	0.0030	0.0031
June	0.0031	0.0029	0.0030
July	0.0030	0.0029	0.0029
August	0.0030	0.0029	0.0030
September	0.0031	0.0030	0.0030
October	0.0031	0.0030	0.0030
November	0.0030	0.0030	0.0030
December	0.0030	0.0029	0.0029