2023 MVR to BWP Historical Review

YEARLY HIGH

0.9012 BWP

YEARLY LOW

0.8202 BWP

YEARLY AVERAGE

0.8688 BWP

2023 MVR to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MVR to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on June 1, valuing the pair at 0.9012. Conversely, the yearly low was recorded on January 15, dropping to 0.8202.

This high-to-low spread represents a total annual volatility of 0.0809 BWP. From a start-to-finish perspective, comparing the January average rate of 0.8303 to the December average rate of 0.8786, the exchange rate registered a net change of 5.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.9012 was up 2.52% compared to the 2022 peak of 0.8790, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,506 BWP

2022 Average 4,011 BWP

Yearly Trough Low 4,101 BWP

Transaction Impact: A difference of 404.66 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8988

0.8241

JanuMarcMayJulySeptNove

MVR 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 0.8585, compared to 0.8792 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0207 points.

H1 Avg (Jan–Jun) 0.8585

H2 Avg (Jul–Dec) 0.8792

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0448 BWP (High: 0.9011 / Low: 0.8564). On the other end, October was the most stable month, with a tight range of 0.0132 BWP (High: 0.8994 / Low: 0.8862).

May Spread (Volatile) ±0.0448

October Spread (Stable) ±0.0132

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 0.0151 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0151

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.8761) against the same month in 2022 (average: 0.7880), the exchange rate shifted by +0.0881 (+11.18%).

2023 Avg (June) 0.8761

2022 Avg (June) 0.7880

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8379	0.8202	0.8303
February	0.8674	0.8266	0.8522
March	0.8731	0.8442	0.8598
April	0.8623	0.8442	0.8546
May	0.9011	0.8564	0.8778
June	0.9012	0.8618	0.8761
July	0.8818	0.8463	0.8610
August	0.8854	0.8604	0.8778
September	0.8922	0.8770	0.8852
October	0.8994	0.8862	0.8926
November	0.8947	0.8640	0.8797
December	0.8921	0.8690	0.8786