2023 BZD to MWK Historical Review

YEARLY HIGH

835.9643 MWK

YEARLY LOW

502.8896 MWK

YEARLY AVERAGE

563.8643 MWK

2023 BZD to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BZD to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 835.9643. Conversely, the yearly low was recorded on January 18, dropping to 502.8896.

This high-to-low spread represents a total annual volatility of 333.0747 MWK. From a start-to-finish perspective, comparing the January average rate of 507.5931 to the December average rate of 834.8034, the exchange rate registered a net change of 64.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 835.9643 was up 62.52% compared to the 2022 peak of 514.3626, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,179,822 MWK

2022 Average 2,315,853 MWK

Yearly Trough Low 2,514,448 MWK

Transaction Impact: A difference of 1,665,373.54 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

867.5245

474.8721

JanuMarcMayJulySeptNove

BZD 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 508.8998, compared to 618.8287 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 109.9288 points.

H1 Avg (Jan–Jun) 508.8998

H2 Avg (Jul–Dec) 618.8287

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 283.3315 MWK (High: 835.9643 / Low: 552.6328). On the other end, May was the most stable month, with a tight range of 4.0068 MWK (High: 510.7356 / Low: 506.7289).

November Spread (Volatile) ±283.3315

May Spread (Stable) ±4.0068

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 1.9610 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -1.9610

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 714.6111) against the same month in 2022 (average: 508.7673), the exchange rate shifted by +205.8437 (+40.46%).

2023 Avg (November) 714.6111

2022 Avg (November) 508.7673

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	509.5560	502.8896	507.5931
February	513.9661	504.5323	509.0991
March	522.7896	504.5680	510.6707
April	510.6826	505.0486	508.7097
May	510.7356	506.7289	508.8932
June	522.7676	504.4152	508.4332
July	523.3748	518.5421	522.1970
August	541.5318	518.3626	533.4983
September	551.0075	521.2357	538.1748
October	575.5975	535.9778	569.6874
November	835.9643	552.6328	714.6111
December	835.5617	830.1868	834.8034