YEARLY HIGH
0.0553 BWP
YEARLY LOW
0.0505 BWP
YEARLY AVERAGE
0.0533 BWP

2023 YER to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the YER to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 5, valuing the pair at 0.0553. Conversely, the yearly low was recorded on January 15, dropping to 0.0505.

This high-to-low spread represents a total annual volatility of 0.0048 BWP. From a start-to-finish perspective, comparing the January average rate of 0.0510 to the December average rate of 0.0540, the exchange rate registered a net change of 5.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0553 was up 2.34% compared to the 2022 peak of 0.0540, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 277 BWP
2022 Average 247 BWP
Yearly Trough Low 252 BWP
Transaction Impact: A difference of 24.24 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0553
0.0506
JanuMarcMayJulySeptNove

YER 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 0.0527, compared to 0.0540 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.0527
H2 Avg (Jul–Dec) 0.0540

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0025 BWP (High: 0.0532 / Low: 0.0507). On the other end, October was the most stable month, with a tight range of 0.0008 BWP (High: 0.0553 / Low: 0.0545).

February Spread (Volatile) ±0.0025
October Spread (Stable) ±0.0008

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 October and November, when the average rate fell by 0.0009 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0549) against the same month in 2022 (average: 0.0535), the exchange rate shifted by +0.0014 (+2.64%).

2023 Avg (October) 0.0549
2022 Avg (October) 0.0535

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0515 0.0505 0.0510
February 0.0532 0.0507 0.0523
March 0.0536 0.0520 0.0528
April 0.0529 0.0520 0.0524
May 0.0551 0.0526 0.0538
June 0.0551 0.0529 0.0537
July 0.0542 0.0519 0.0529
August 0.0545 0.0528 0.0539
September 0.0551 0.0540 0.0545
October 0.0553 0.0545 0.0549
November 0.0545 0.0533 0.0540
December 0.0548 0.0535 0.0540