YEARLY HIGH
0.0243 BWP
YEARLY LOW
0.0223 BWP
YEARLY AVERAGE
0.0235 BWP

2023 SOS to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SOS to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 5, valuing the pair at 0.0243. Conversely, the yearly low was recorded on January 15, dropping to 0.0223.

This high-to-low spread represents a total annual volatility of 0.0020 BWP. From a start-to-finish perspective, comparing the January average rate of 0.0225 to the December average rate of 0.0236, the exchange rate registered a net change of 5.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0243 was up 0.98% compared to the 2022 peak of 0.0241, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 122 BWP
2022 Average 108 BWP
Yearly Trough Low 111 BWP
Transaction Impact: A difference of 10.19 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0242
0.0223
JanuMarcMayJulySeptNove

SOS 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 0.0232, compared to 0.0237 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0232
H2 Avg (Jul–Dec) 0.0237

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0011 BWP (High: 0.0243 / Low: 0.0231). On the other end, January was the most stable month, with a tight range of 0.0004 BWP (High: 0.0227 / Low: 0.0223).

May Spread (Volatile) ±0.0011
January Spread (Stable) ±0.0004

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 0.0004 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0241) against the same month in 2022 (average: 0.0235), the exchange rate shifted by +0.0005 (+2.21%).

2023 Avg (October) 0.0241
2022 Avg (October) 0.0235

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0227 0.0223 0.0225
February 0.0234 0.0223 0.0230
March 0.0236 0.0229 0.0233
April 0.0233 0.0229 0.0231
May 0.0243 0.0231 0.0237
June 0.0242 0.0233 0.0236
July 0.0239 0.0228 0.0233
August 0.0239 0.0232 0.0237
September 0.0241 0.0237 0.0239
October 0.0243 0.0239 0.0241
November 0.0239 0.0234 0.0237
December 0.0240 0.0233 0.0236