2023 RSD to BWP Historical Review

YEARLY HIGH

0.1274 BWP

YEARLY LOW

0.1147 BWP

YEARLY AVERAGE

0.1232 BWP

2023 RSD to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RSD to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.1274. Conversely, the yearly low was recorded on January 5, dropping to 0.1147.

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 0.1174 to the December average rate of 0.1258, the exchange rate registered a net change of 7.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1274 was up 8.05% compared to the 2022 peak of 0.1179, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 637 BWP

2022 Average 554 BWP

Yearly Trough Low 574 BWP

Transaction Impact: A difference of 63.29 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1267

0.1166

JanuMarcMayJulySeptNove

RSD 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 0.1216, compared to 0.1248 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0033 points.

H1 Avg (Jan–Jun) 0.1216

H2 Avg (Jul–Dec) 0.1248

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0053 BWP (High: 0.1270 / Low: 0.1217). On the other end, May was the most stable month, with a tight range of 0.0024 BWP (High: 0.1261 / Low: 0.1236).

July Spread (Volatile) ±0.0053

May Spread (Stable) ±0.0024

Growth Streaks & Declines

Trends

Between January and May, 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 August and September, when the average rate fell by 0.0013 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.1258) against the same month in 2022 (average: 0.1163), the exchange rate shifted by +0.0095 (+8.16%).

2023 Avg (December) 0.1258

2022 Avg (December) 0.1163

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1191	0.1147	0.1174
February	0.1205	0.1172	0.1193
March	0.1228	0.1195	0.1207
April	0.1244	0.1202	0.1228
May	0.1261	0.1236	0.1248
June	0.1266	0.1231	0.1243
July	0.1270	0.1217	0.1249
August	0.1268	0.1239	0.1255
September	0.1255	0.1229	0.1242
October	0.1252	0.1227	0.1238
November	0.1269	0.1229	0.1247
December	0.1274	0.1244	0.1258