2023 PHP to BWP Historical Review

YEARLY HIGH

0.2472 BWP

YEARLY LOW

0.2274 BWP

YEARLY AVERAGE

0.2401 BWP

2023 PHP to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PHP to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 6, valuing the pair at 0.2472. Conversely, the yearly low was recorded on January 4, dropping to 0.2274.

This high-to-low spread represents a total annual volatility of 0.0198 BWP. From a start-to-finish perspective, comparing the January average rate of 0.2326 to the December average rate of 0.2433, the exchange rate registered a net change of 4.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2472 was up 5.19% compared to the 2022 peak of 0.2350, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 PHP based on timing:

Yearly Peak High 61,796 BWP

2022 Average 56,736 BWP

Yearly Trough Low 56,844 BWP

Transaction Impact: A difference of 4,951.87 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2443

0.2315

JanuMarcMayJulySeptNove

PHP 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 0.2388, compared to 0.2415 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0027 points.

H1 Avg (Jan–Jun) 0.2388

H2 Avg (Jul–Dec) 0.2415

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0085 BWP (High: 0.2457 / Low: 0.2373). On the other end, October was the most stable month, with a tight range of 0.0045 BWP (High: 0.2444 / Low: 0.2399).

May Spread (Volatile) ±0.0085

October Spread (Stable) ±0.0045

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0040 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0040

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.2433) against the same month in 2022 (average: 0.2320), the exchange rate shifted by +0.0113 (+4.85%).

2023 Avg (December) 0.2433

2022 Avg (December) 0.2320

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2353	0.2274	0.2326
February	0.2419	0.2349	0.2385
March	0.2455	0.2383	0.2415
April	0.2415	0.2335	0.2376
May	0.2457	0.2373	0.2415
June	0.2459	0.2375	0.2409
July	0.2442	0.2370	0.2411
August	0.2422	0.2372	0.2397
September	0.2430	0.2378	0.2403
October	0.2444	0.2399	0.2419
November	0.2454	0.2398	0.2426
December	0.2472	0.2396	0.2433