YEARLY HIGH
0.0722 BWP
YEARLY LOW
0.0166 BWP
YEARLY AVERAGE
0.0509 BWP

2023 ARS to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ARS to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0722. Conversely, the yearly low was recorded on December 31, dropping to 0.0166.

This high-to-low spread represents a total annual volatility of 0.0556 BWP. From a start-to-finish perspective, comparing the January average rate of 0.0702 to the December average rate of 0.0248, the exchange rate registered a net change of -64.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0722 was down 36.99% compared to the 2022 peak of 0.1146, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 361 BWP
2022 Average 482 BWP
Yearly Trough Low 83 BWP
Transaction Impact: A difference of 278.06 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0747
0.0202
JanuMarcMayJulySeptNove

ARS 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 0.0629, compared to 0.0389 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0239 points.

H1 Avg (Jan–Jun) 0.0629
H2 Avg (Jul–Dec) 0.0389

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0211 BWP (High: 0.0376 / Low: 0.0166). On the other end, October was the most stable month, with a tight range of 0.0007 BWP (High: 0.0396 / Low: 0.0389).

December Spread (Volatile) ±0.0211
October Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0135 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0135

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0702) against the same month in 2022 (average: 0.1117), the exchange rate shifted by -0.0416 (-37.19%).

2023 Avg (January) 0.0702
2022 Avg (January) 0.1117

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0722 0.0686 0.0702
February 0.0687 0.0676 0.0682
March 0.0671 0.0624 0.0653
April 0.0627 0.0590 0.0610
May 0.0595 0.0575 0.0584
June 0.0574 0.0523 0.0542
July 0.0529 0.0476 0.0499
August 0.0483 0.0384 0.0424
September 0.0394 0.0386 0.0390
October 0.0396 0.0389 0.0392
November 0.0390 0.0374 0.0383
December 0.0376 0.0166 0.0248