2023 BHD to MWK Historical Review

YEARLY HIGH

4489.3991 MWK

YEARLY LOW

2683.7844 MWK

YEARLY AVERAGE

3014.6300 MWK

2023 BHD to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BHD to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 4489.3991. Conversely, the yearly low was recorded on March 11, dropping to 2683.7844.

This high-to-low spread represents a total annual volatility of 1805.6147 MWK. From a start-to-finish perspective, comparing the January average rate of 2714.4873 to the December average rate of 4467.3492, the exchange rate registered a net change of 64.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 4489.3991 was up 63.90% compared to the 2022 peak of 2739.0320, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 22,446,995 MWK

2022 Average 12,380,641 MWK

Yearly Trough Low 13,418,922 MWK

Transaction Impact: A difference of 9,028,073.39 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

4642.6354

2539.2011

JanuMarcMayJulySeptNove

BHD 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 2720.9260, compared to 3308.3340 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 587.4079 points.

H1 Avg (Jan–Jun) 2720.9260

H2 Avg (Jul–Dec) 3308.3340

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 1512.2767 MWK (High: 4469.1169 / Low: 2956.8403). On the other end, May was the most stable month, with a tight range of 22.4841 MWK (High: 2734.9159 / Low: 2712.4318).

November Spread (Volatile) ±1512.2767

May Spread (Stable) ±22.4841

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 6.8732 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -6.8732

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 4467.3492) against the same month in 2022 (average: 2720.1181), the exchange rate shifted by +1747.2311 (+64.23%).

2023 Avg (December) 4467.3492

2022 Avg (December) 2720.1181

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2726.6375	2686.7151	2714.4873
February	2756.8876	2705.6719	2724.8134
March	2783.7358	2683.7844	2726.2374
April	2726.3754	2700.1147	2719.3642
May	2734.9159	2712.4318	2720.7410
June	2794.4933	2694.4888	2719.9130
July	2799.5510	2771.6995	2791.2057
August	2890.9702	2768.4031	2852.0723
September	2945.9515	2785.5535	2877.5708
October	3076.8461	2866.7354	3043.8994
November	4469.1169	2956.8403	3817.9065
December	4489.3991	4448.3308	4467.3492