2023 SZL to BWP Historical Review

YEARLY HIGH

0.7539 BWP

YEARLY LOW

0.6968 BWP

YEARLY AVERAGE

0.7244 BWP

2023 SZL to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SZL to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.7539. Conversely, the yearly low was recorded on May 30, dropping to 0.6968.

This high-to-low spread represents a total annual volatility of 0.0571 BWP. From a start-to-finish perspective, comparing the January average rate of 0.7469 to the December average rate of 0.7249, the exchange rate registered a net change of -2.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.7539 was down 4.78% compared to the 2022 peak of 0.7918, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,770 BWP

2022 Average 3,783 BWP

Yearly Trough Low 3,484 BWP

Transaction Impact: A difference of 285.53 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7508

0.7037

JanuMarcMayJulySeptNove

SZL 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 0.7254, compared to 0.7235 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.7254

H2 Avg (Jul–Dec) 0.7235

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0366 BWP (High: 0.7339 / Low: 0.6974). On the other end, September was the most stable month, with a tight range of 0.0138 BWP (High: 0.7271 / Low: 0.7133).

June Spread (Volatile) ±0.0366

September Spread (Stable) ±0.0138

Growth Streaks & Declines

Trends

Between August and November, 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 April and May, when the average rate fell by 0.0164 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0164

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.7469) against the same month in 2022 (average: 0.7502), the exchange rate shifted by -0.0033 (-0.44%).

2023 Avg (January) 0.7469

2022 Avg (January) 0.7502

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7539	0.7381	0.7469
February	0.7455	0.7218	0.7310
March	0.7307	0.7158	0.7243
April	0.7339	0.7158	0.7240
May	0.7196	0.6968	0.7076
June	0.7339	0.6974	0.7185
July	0.7409	0.7102	0.7268
August	0.7336	0.6996	0.7186
September	0.7271	0.7133	0.7200
October	0.7277	0.7110	0.7204
November	0.7405	0.7186	0.7302
December	0.7345	0.7102	0.7249