2023 BAM to MWK Historical Review

YEARLY HIGH

953.3680 MWK

YEARLY LOW

548.1524 MWK

YEARLY AVERAGE

628.7013 MWK

2023 BAM to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BAM to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 953.3680. Conversely, the yearly low was recorded on March 8, dropping to 548.1524.

This high-to-low spread represents a total annual volatility of 405.2156 MWK. From a start-to-finish perspective, comparing the January average rate of 562.9670 to the December average rate of 940.1326, the exchange rate registered a net change of 67.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 953.3680 was up 70.21% compared to the 2022 peak of 560.1289, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,766,840 MWK

2022 Average 2,504,468 MWK

Yearly Trough Low 2,740,762 MWK

Transaction Impact: A difference of 2,026,078.03 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

977.9452

524.1938

JanuMarcMayJulySeptNove

BAM to MWK 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 566.6476, compared to 690.7550 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 124.1074 points.

H1 Avg (Jan–Jun) 566.6476

H2 Avg (Jul–Dec) 690.7550

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 336.7910 MWK (High: 945.4742 / Low: 608.6832). On the other end, April was the most stable month, with a tight range of 11.5798 MWK (High: 580.2566 / Low: 568.6768).

November Spread (Volatile) ±336.7910

April Spread (Stable) ±11.5798

Growth Streaks & Declines

Trends

Between September and December, 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 August and September, when the average rate fell by 7.0014 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -7.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 940.1326) against the same month in 2022 (average: 554.7421), the exchange rate shifted by +385.3905 (+69.47%).

2023 Avg (December) 940.1326

2022 Avg (December) 554.7421

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	572.2180	548.9583	562.9670
February	574.4856	554.6815	562.1826
March	574.6762	548.1524	562.0064
April	580.2566	568.6768	574.7921
May	580.9602	562.0694	570.1790
June	588.7616	557.3650	567.7584
July	605.3149	582.1150	594.4694
August	611.6836	586.2178	600.0533
September	607.2893	576.8532	593.0520
October	627.8968	582.5380	620.0650
November	945.4742	608.6832	796.7575
December	953.3680	925.8396	940.1326