2023 BTN to MWK Historical Review

YEARLY HIGH

20.2810 MWK

YEARLY LOW

12.2815 MWK

YEARLY AVERAGE

13.7520 MWK

2023 BTN to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BTN to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 20.2810. Conversely, the yearly low was recorded on February 18, dropping to 12.2815.

This high-to-low spread represents a total annual volatility of 7.9995 MWK. From a start-to-finish perspective, comparing the January average rate of 12.5050 to the December average rate of 20.2163, the exchange rate registered a net change of 61.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 20.2810 was up 53.41% compared to the 2022 peak of 13.2200, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 101,405 MWK

2022 Average 59,268 MWK

Yearly Trough Low 61,408 MWK

Transaction Impact: A difference of 39,997.44 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

20.9953

11.6471

JanuMarcMayJulySeptNove

BTN 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 12.4762, compared to 15.0279 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.5517 points.

H1 Avg (Jan–Jun) 12.4762

H2 Avg (Jul–Dec) 15.0279

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 6.8778 MWK (High: 20.2459 / Low: 13.3681). On the other end, December was the most stable month, with a tight range of 0.1655 MWK (High: 20.2810 / Low: 20.1155).

November Spread (Volatile) ±6.8778

December Spread (Stable) ±0.1655

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0789 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0789

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 20.2163) against the same month in 2022 (average: 12.4310), the exchange rate shifted by +7.7853 (+62.63%).

2023 Avg (December) 20.2163

2022 Avg (December) 12.4310

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.6274	12.3623	12.5050
February	12.5434	12.2815	12.4261
March	12.7667	12.3162	12.4898
April	12.5833	12.3970	12.5085
May	12.5587	12.3472	12.4602
June	12.8543	12.3350	12.4676
July	12.8783	12.6859	12.8057
August	13.2043	12.6297	12.9860
September	13.3474	12.6372	13.0657
October	13.9411	12.9957	13.8001
November	20.2459	13.3681	17.2934
December	20.2810	20.1155	20.2163