2023 SRD to BWP Historical Review

YEARLY HIGH

0.4087 BWP

YEARLY LOW

0.3385 BWP

YEARLY AVERAGE

0.3660 BWP

2023 SRD to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SRD to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.4087. Conversely, the yearly low was recorded on July 27, dropping to 0.3385.

This high-to-low spread represents a total annual volatility of 0.0703 BWP. From a start-to-finish perspective, comparing the January average rate of 0.4015 to the December average rate of 0.3615, the exchange rate registered a net change of -9.97% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4087 was down 30.40% compared to the 2022 peak of 0.5873, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,044 BWP

2022 Average 2,597 BWP

Yearly Trough Low 1,692 BWP

Transaction Impact: A difference of 351.31 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4068

0.3432

JanuMarcMayJulySeptNove

SRD 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 0.3762, compared to 0.3558 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0204 points.

H1 Avg (Jan–Jun) 0.3762

H2 Avg (Jul–Dec) 0.3558

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0358 BWP (High: 0.3962 / Low: 0.3604). On the other end, October was the most stable month, with a tight range of 0.0086 BWP (High: 0.3639 / Low: 0.3553).

March Spread (Volatile) ±0.0358

October Spread (Stable) ±0.0086

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 March and April, when the average rate fell by 0.0254 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0254

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.4015) against the same month in 2022 (average: 0.5487), the exchange rate shifted by -0.1472 (-26.83%).

2023 Avg (January) 0.4015

2022 Avg (January) 0.5487

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4087	0.3949	0.4015
February	0.4057	0.3928	0.3989
March	0.3962	0.3604	0.3823
April	0.3653	0.3504	0.3569
May	0.3701	0.3496	0.3607
June	0.3677	0.3465	0.3566
July	0.3629	0.3385	0.3485
August	0.3569	0.3427	0.3526
September	0.3608	0.3521	0.3563
October	0.3639	0.3553	0.3600
November	0.3594	0.3499	0.3558
December	0.3661	0.3550	0.3615