2023 BBD to MWK Historical Review

YEARLY HIGH

846.2315 MWK

YEARLY LOW

505.8953 MWK

YEARLY AVERAGE

568.0234 MWK

2023 BBD to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BBD to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 846.2315. Conversely, the yearly low was recorded on March 10, dropping to 505.8953.

This high-to-low spread represents a total annual volatility of 340.3362 MWK. From a start-to-finish perspective, comparing the January average rate of 511.5822 to the December average rate of 842.2298, the exchange rate registered a net change of 64.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 846.2315 was up 63.85% compared to the 2022 peak of 516.4568, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,231,158 MWK

2022 Average 2,333,812 MWK

Yearly Trough Low 2,529,476 MWK

Transaction Impact: A difference of 1,701,681.15 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

875.2946

478.5174

JanuMarcMayJulySeptNove

BBD 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 512.5470, compared to 623.4999 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 110.9530 points.

H1 Avg (Jan–Jun) 512.5470

H2 Avg (Jul–Dec) 623.4999

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 284.8906 MWK (High: 842.2520 / Low: 557.3614). On the other end, May was the most stable month, with a tight range of 3.8657 MWK (High: 514.6157 / Low: 510.7500).

November Spread (Volatile) ±284.8906

May Spread (Stable) ±3.8657

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 1.2055 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -1.2055

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 842.2298) against the same month in 2022 (average: 512.5355), the exchange rate shifted by +329.6943 (+64.33%).

2023 Avg (December) 842.2298

2022 Avg (December) 512.5355

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	513.8076	506.5049	511.5822
February	517.9751	508.6311	513.1537
March	524.5748	505.8953	513.3875
April	513.7500	507.9068	512.1820
May	514.6157	510.7500	512.6371
June	526.7829	506.2675	512.3393
July	526.9903	522.5000	525.6709
August	545.6460	521.8800	537.6873
September	555.2500	524.9292	542.2775
October	579.9921	540.8090	573.7418
November	842.2520	557.3614	719.3922
December	846.2315	840.9167	842.2298