YEARLY HIGH
1.0818 BWP
YEARLY LOW
0.9003 BWP
YEARLY AVERAGE
0.9943 BWP

2023 SCR to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SCR to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 26, valuing the pair at 1.0818. Conversely, the yearly low was recorded on January 18, dropping to 0.9003.

This high-to-low spread represents a total annual volatility of 0.1815 BWP. From a start-to-finish perspective, comparing the January average rate of 0.9438 to the December average rate of 1.0057, the exchange rate registered a net change of 6.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.0818 was up 3.28% compared to the 2022 peak of 1.0474, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,409 BWP
2022 Average 4,573 BWP
Yearly Trough Low 4,501 BWP
Transaction Impact: A difference of 907.34 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.0483
0.9342
JanuMarcMayJulySeptNove

SCR 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 0.9740, compared to 1.0146 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0406 points.

H1 Avg (Jan–Jun) 0.9740
H2 Avg (Jul–Dec) 1.0146

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.1157 BWP (High: 1.0225 / Low: 0.9068). On the other end, August was the most stable month, with a tight range of 0.0274 BWP (High: 1.0203 / Low: 0.9929).

February Spread (Volatile) ±0.1157
August Spread (Stable) ±0.0274

Growth Streaks & Declines

Trends

Between June and September, 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 0.0191 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0191

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 1.0310) against the same month in 2022 (average: 1.0021), the exchange rate shifted by +0.0289 (+2.89%).

2023 Avg (October) 1.0310
2022 Avg (October) 1.0021

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9880 0.9003 0.9438
February 1.0225 0.9068 0.9662
March 1.0152 0.9339 0.9826
April 1.0193 0.9291 0.9719
May 1.0490 0.9484 0.9982
June 1.0340 0.9431 0.9813
July 1.0370 0.9289 0.9910
August 1.0203 0.9929 1.0091
September 1.0715 0.9992 1.0388
October 1.0818 0.9893 1.0310
November 1.0406 0.9851 1.0119
December 1.0567 0.9606 1.0057