2023 NAD to BWP Historical Review

YEARLY HIGH

0.7605 BWP

YEARLY LOW

0.6776 BWP

YEARLY AVERAGE

0.7223 BWP

2023 NAD to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NAD to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 0.7605. Conversely, the yearly low was recorded on October 28, dropping to 0.6776.

This high-to-low spread represents a total annual volatility of 0.0829 BWP. From a start-to-finish perspective, comparing the January average rate of 0.7479 to the December average rate of 0.7229, the exchange rate registered a net change of -3.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.7605 was down 6.76% compared to the 2022 peak of 0.8156, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,802 BWP

2022 Average 3,797 BWP

Yearly Trough Low 3,388 BWP

Transaction Impact: A difference of 414.43 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7522

0.7017

JanuMarcMayJulySeptNove

NAD 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 0.7248, compared to 0.7198 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0050 points.

H1 Avg (Jan–Jun) 0.7248

H2 Avg (Jul–Dec) 0.7198

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0590 BWP (High: 0.7406 / Low: 0.6815). On the other end, January was the most stable month, with a tight range of 0.0175 BWP (High: 0.7576 / Low: 0.7400).

November Spread (Volatile) ±0.0590

January Spread (Stable) ±0.0175

Growth Streaks & Declines

Trends

Between May and July, 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 April and May, when the average rate fell by 0.0162 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0162

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.7320) against the same month in 2022 (average: 0.7574), the exchange rate shifted by -0.0254 (-3.36%).

2023 Avg (February) 0.7320

2022 Avg (February) 0.7574

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7576	0.7400	0.7479
February	0.7605	0.7212	0.7320
March	0.7289	0.7104	0.7232
April	0.7338	0.7113	0.7221
May	0.7219	0.6922	0.7059
June	0.7339	0.6992	0.7178
July	0.7405	0.7143	0.7257
August	0.7294	0.6841	0.7161
September	0.7310	0.7106	0.7193
October	0.7290	0.6776	0.7136
November	0.7406	0.6815	0.7212
December	0.7352	0.7011	0.7229