2023 BMD to MWK Historical Review

YEARLY HIGH

1692.4630 MWK

YEARLY LOW

1011.7906 MWK

YEARLY AVERAGE

1136.0469 MWK

2023 BMD to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BMD to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 1692.4630. Conversely, the yearly low was recorded on March 10, dropping to 1011.7906.

This high-to-low spread represents a total annual volatility of 680.6725 MWK. From a start-to-finish perspective, comparing the January average rate of 1023.1643 to the December average rate of 1684.4597, 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 1692.4630 was up 63.85% compared to the 2022 peak of 1032.9136, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,462,315 MWK

2022 Average 4,667,623 MWK

Yearly Trough Low 5,058,953 MWK

Transaction Impact: A difference of 3,403,362.31 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1750.5892

957.0348

JanuMarcMayJulySeptNove

BMD 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 1025.0939, compared to 1246.9998 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 221.9059 points.

H1 Avg (Jan–Jun) 1025.0939

H2 Avg (Jul–Dec) 1246.9998

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 569.7812 MWK (High: 1684.5040 / Low: 1114.7229). On the other end, May was the most stable month, with a tight range of 7.7314 MWK (High: 1029.2314 / Low: 1021.5000).

November Spread (Volatile) ±569.7812

May Spread (Stable) ±7.7314

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 2.4111 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -2.4111

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 1684.4597) against the same month in 2022 (average: 1025.0710), the exchange rate shifted by +659.3887 (+64.33%).

2023 Avg (December) 1684.4597

2022 Avg (December) 1025.0710

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1027.6151	1013.0098	1023.1643
February	1035.9502	1017.2623	1026.3075
March	1049.1495	1011.7906	1026.7751
April	1027.5000	1015.8136	1024.3640
May	1029.2314	1021.5000	1025.2742
June	1053.5659	1012.5350	1024.6786
July	1053.9805	1045.0000	1051.3418
August	1091.2921	1043.7599	1075.3746
September	1110.5000	1049.8584	1084.5549
October	1159.9841	1081.6180	1147.4836
November	1684.5040	1114.7229	1438.7845
December	1692.4630	1681.8333	1684.4597