2023 NPR to BWP Historical Review

YEARLY HIGH

0.1043 BWP

YEARLY LOW

0.0961 BWP

YEARLY AVERAGE

0.1011 BWP

2023 NPR to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NPR to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 5, valuing the pair at 0.1043. Conversely, the yearly low was recorded on January 4, dropping to 0.0961.

This high-to-low spread represents a total annual volatility of 0.0082 BWP. From a start-to-finish perspective, comparing the January average rate of 0.0976 to the December average rate of 0.1013, the exchange rate registered a net change of 3.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1043 was up 1.13% compared to the 2022 peak of 0.1031, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 521 BWP

2022 Average 492 BWP

Yearly Trough Low 480 BWP

Transaction Impact: A difference of 41.18 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1038

0.0970

JanuMarcMayJulySeptNove

NPR 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 0.1003, compared to 0.1019 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.1003

H2 Avg (Jul–Dec) 0.1019

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0043 BWP (High: 0.1034 / Low: 0.0991). On the other end, September was the most stable month, with a tight range of 0.0015 BWP (High: 0.1035 / Low: 0.1020).

July Spread (Volatile) ±0.0043

September Spread (Stable) ±0.0015

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 October and November, when the average rate fell by 0.0017 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.1032) against the same month in 2022 (average: 0.1016), the exchange rate shifted by +0.0017 (+1.64%).

2023 Avg (October) 0.1032

2022 Avg (October) 0.1016

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0986	0.0961	0.0976
February	0.1007	0.0965	0.0990
March	0.1022	0.0991	0.1005
April	0.1012	0.0990	0.1002
May	0.1042	0.1005	0.1023
June	0.1043	0.1009	0.1022
July	0.1034	0.0991	0.1008
August	0.1024	0.1004	0.1018
September	0.1035	0.1020	0.1028
October	0.1043	0.1024	0.1032
November	0.1024	0.1006	0.1015
December	0.1027	0.1003	0.1013