2023 BND to MWK Historical Review

YEARLY HIGH

1275.8977 MWK

YEARLY LOW

750.6800 MWK

YEARLY AVERAGE

846.4012 MWK

2023 BND to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BND to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 1275.8977. Conversely, the yearly low was recorded on March 10, dropping to 750.6800.

This high-to-low spread represents a total annual volatility of 525.2177 MWK. From a start-to-finish perspective, comparing the January average rate of 771.1146 to the December average rate of 1264.3517, the exchange rate registered a net change of 63.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1275.8977 was up 67.40% compared to the 2022 peak of 762.1963, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,379,489 MWK

2022 Average 3,382,278 MWK

Yearly Trough Low 3,753,400 MWK

Transaction Impact: A difference of 2,626,088.50 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1314.6433

711.1444

JanuMarcMayJulySeptNove

BND 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 767.5822, compared to 925.2202 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 157.6380 points.

H1 Avg (Jan–Jun) 767.5822

H2 Avg (Jul–Dec) 925.2202

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 444.5156 MWK (High: 1263.6732 / Low: 819.1577). On the other end, April was the most stable month, with a tight range of 10.1386 MWK (High: 775.0755 / Low: 764.9368).

November Spread (Volatile) ±444.5156

April Spread (Stable) ±10.1386

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 May and June, when the average rate fell by 4.3677 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -4.3677

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 1264.3517) against the same month in 2022 (average: 758.2408), the exchange rate shifted by +506.1109 (+66.75%).

2023 Avg (December) 1264.3517

2022 Avg (December) 758.2408

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	782.5169	758.9840	771.1146
February	783.1459	758.7399	770.6213
March	781.9264	750.6800	766.4137
April	775.0755	764.9368	770.1040
May	774.5031	756.3015	765.8037
June	779.1990	751.9643	761.4360
July	798.2733	773.3928	787.8766
August	806.2108	778.5120	796.2314
September	814.1746	771.5978	796.0972
October	849.0701	787.9786	838.3737
November	1263.6732	819.1577	1068.3904
December	1275.8977	1253.0358	1264.3517