2023 XDR to BWP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 XDR to BWP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the XDR to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on June 1, valuing the pair at 18.3673. Conversely, the yearly low was recorded on January 4, dropping to 16.9176.
This high-to-low spread represents a total annual volatility of 1.4497 BWP. From a start-to-finish perspective, comparing the January average rate of 17.1614 to the December average rate of 18.0120, the exchange rate registered a net change of 4.96% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 18.3673 was down 3.27% compared to the 2022 peak of 18.9878, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 XDR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
XDR to BWP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 17.6817, compared to 17.9612 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2795 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was June, with a trading range of 0.7306 BWP (High: 18.3673 / Low: 17.6367). On the other end, March was the most stable month, with a tight range of 0.3465 BWP (High: 17.8375 / Low: 17.4910).
Growth Streaks & Declines
TrendsBetween January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.1704 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2023: 17.9409) against the same month in 2022 (average: 16.6454), the exchange rate shifted by +1.2954 (+7.78%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 17.3972 | 16.9176 | 17.1614 |
| February | 17.7256 | 17.1521 | 17.5237 |
| March | 17.8375 | 17.4910 | 17.6380 |
| April | 17.8942 | 17.4910 | 17.7145 |
| May | 18.3660 | 17.7392 | 18.1113 |
| June | 18.3673 | 17.6367 | 17.9409 |
| July | 18.0950 | 17.4792 | 17.7898 |
| August | 18.1827 | 17.7403 | 18.0141 |
| September | 18.2820 | 17.8890 | 18.0417 |
| October | 18.2648 | 17.8642 | 18.0383 |
| November | 18.1008 | 17.6250 | 17.8712 |
| December | 18.2111 | 17.6916 | 18.0120 |