2023 MXN to BWP Historical Review

YEARLY HIGH

0.8069 BWP

YEARLY LOW

0.6542 BWP

YEARLY AVERAGE

0.7543 BWP

2023 MXN to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MXN to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 27, valuing the pair at 0.8069. Conversely, the yearly low was recorded on January 1, dropping to 0.6542.

This high-to-low spread represents a total annual volatility of 0.1527 BWP. From a start-to-finish perspective, comparing the January average rate of 0.6737 to the December average rate of 0.7868, the exchange rate registered a net change of 16.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8069 was up 17.35% compared to the 2022 peak of 0.6877, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 40,347 BWP

2022 Average 30,792 BWP

Yearly Trough Low 32,711 BWP

Transaction Impact: A difference of 7,635.56 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8065

0.6616

JanuMarcMayJulySeptNove

MXN 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 0.7269, compared to 0.7817 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0547 points.

H1 Avg (Jan–Jun) 0.7269

H2 Avg (Jul–Dec) 0.7817

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0562 BWP (High: 0.7278 / Low: 0.6716). On the other end, June was the most stable month, with a tight range of 0.0176 BWP (High: 0.7878 / Low: 0.7702).

February Spread (Volatile) ±0.0562

June Spread (Stable) ±0.0176

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0296 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0296

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.7944) against the same month in 2022 (average: 0.6283), the exchange rate shifted by +0.1661 (+26.43%).

2023 Avg (August) 0.7944

2022 Avg (August) 0.6283

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6834	0.6542	0.6737
February	0.7278	0.6716	0.7038
March	0.7461	0.6919	0.7184
April	0.7357	0.7134	0.7264
May	0.7813	0.7340	0.7599
June	0.7878	0.7702	0.7795
July	0.7921	0.7705	0.7824
August	0.8069	0.7733	0.7944
September	0.8010	0.7778	0.7890
October	0.7853	0.7496	0.7595
November	0.7938	0.7635	0.7779
December	0.7946	0.7761	0.7868

2023 MXN నుండి BWP చారిత్రక సమీక్ష