2023 PKR to BWP Historical Review

YEARLY HIGH

0.0568 BWP

YEARLY LOW

0.0441 BWP

YEARLY AVERAGE

0.0479 BWP

2023 PKR to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PKR to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.0568. Conversely, the yearly low was recorded on September 3, dropping to 0.0441.

This high-to-low spread represents a total annual volatility of 0.0127 BWP. From a start-to-finish perspective, comparing the January average rate of 0.0548 to the December average rate of 0.0479, the exchange rate registered a net change of -12.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0568 was down 15.00% compared to the 2022 peak of 0.0668, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 PKR based on timing:

Yearly Peak High 28,379 BWP

2022 Average 30,396 BWP

Yearly Trough Low 22,050 BWP

Transaction Impact: A difference of 6,329.73 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0557

0.0450

JanuMarcMayJulySeptNove

PKR 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 0.0486, compared to 0.0473 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0486

H2 Avg (Jul–Dec) 0.0473

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0087 BWP (High: 0.0568 / Low: 0.0480). On the other end, December was the most stable month, with a tight range of 0.0011 BWP (High: 0.0483 / Low: 0.0472).

January Spread (Volatile) ±0.0087

December Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0054 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0054

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0548) against the same month in 2022 (average: 0.0658), the exchange rate shifted by -0.0110 (-16.71%).

2023 Avg (January) 0.0548

2022 Avg (January) 0.0658

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0568	0.0480	0.0548
February	0.0516	0.0470	0.0493
March	0.0504	0.0458	0.0472
April	0.0471	0.0453	0.0463
May	0.0483	0.0454	0.0472
June	0.0483	0.0461	0.0469
July	0.0494	0.0453	0.0470
August	0.0474	0.0442	0.0460
September	0.0479	0.0441	0.0459
October	0.0499	0.0473	0.0492
November	0.0487	0.0464	0.0476
December	0.0483	0.0472	0.0479