2023 BRL to MWK Historical Review

YEARLY HIGH

349.2832 MWK

YEARLY LOW

187.1068 MWK

YEARLY AVERAGE

227.9960 MWK

2023 BRL to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BRL to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 349.2832. Conversely, the yearly low was recorded on January 3, dropping to 187.1068.

This high-to-low spread represents a total annual volatility of 162.1764 MWK. From a start-to-finish perspective, comparing the January average rate of 197.2885 to the December average rate of 343.9959, the exchange rate registered a net change of 74.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 349.2832 was up 66.50% compared to the 2022 peak of 209.7763, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 BRL based on timing:

Yearly Peak High 8,732,079 MWK

2022 Average 4,519,750 MWK

Yearly Trough Low 4,677,669 MWK

Transaction Impact: A difference of 4,054,410.11 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

358.6912

182.3480

JanuMarcMayJulySeptNove

BRL 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 202.3368, compared to 253.6553 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 51.3185 points.

H1 Avg (Jan–Jun) 202.3368

H2 Avg (Jul–Dec) 253.6553

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 120.8749 MWK (High: 346.8715 / Low: 225.9965). On the other end, April was the most stable month, with a tight range of 6.6596 MWK (High: 208.3955 / Low: 201.7359).

November Spread (Volatile) ±120.8749

April Spread (Stable) ±6.6596

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 1.1203 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -1.1203

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 343.9959) against the same month in 2022 (average: 195.3930), the exchange rate shifted by +148.6029 (+76.05%).

2023 Avg (December) 343.9959

2022 Avg (December) 195.3930

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	202.4793	187.1068	197.2885
February	203.1881	193.8187	198.1636
March	201.9434	193.6456	197.0433
April	208.3955	201.7359	204.2819
May	209.5759	202.6287	206.0381
June	219.5290	204.6083	211.2052
July	222.8205	213.4360	219.1167
August	223.9191	213.0888	219.1114
September	228.7144	210.8785	219.3216
October	230.6399	213.6403	226.6781
November	346.8715	225.9965	293.7082
December	349.2832	338.9994	343.9959