YEARLY HIGH
0.7793 BWP
YEARLY LOW
0.6627 BWP
YEARLY AVERAGE
0.7385 BWP

2023 MDL to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MDL to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.7793. Conversely, the yearly low was recorded on January 15, dropping to 0.6627.

This high-to-low spread represents a total annual volatility of 0.1167 BWP. From a start-to-finish perspective, comparing the January average rate of 0.6727 to the December average rate of 0.7672, the exchange rate registered a net change of 14.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.7793 was up 10.91% compared to the 2022 peak of 0.7027, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,897 BWP
2022 Average 3,276 BWP
Yearly Trough Low 3,313 BWP
Transaction Impact: A difference of 583.26 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7766
0.6632
JanuMarcMayJulySeptNove

MDL to BWP 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 0.7195, compared to 0.7574 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0379 points.

H1 Avg (Jan–Jun) 0.7195
H2 Avg (Jul–Dec) 0.7574

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0421 BWP (High: 0.7770 / Low: 0.7349). On the other end, October was the most stable month, with a tight range of 0.0154 BWP (High: 0.7637 / Low: 0.7483).

June Spread (Volatile) ±0.0421
October Spread (Stable) ±0.0154

Growth Streaks & Declines

Trends

Between January and May, 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 June and July, when the average rate fell by 0.0112 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0112

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.7672) against the same month in 2022 (average: 0.6668), the exchange rate shifted by +0.1004 (+15.05%).

2023 Avg (December) 0.7672
2022 Avg (December) 0.6668

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6868 0.6627 0.6727
February 0.7078 0.6768 0.6971
March 0.7174 0.6996 0.7105
April 0.7385 0.7108 0.7277
May 0.7766 0.7364 0.7582
June 0.7770 0.7349 0.7511
July 0.7608 0.7248 0.7399
August 0.7791 0.7446 0.7633
September 0.7715 0.7475 0.7593
October 0.7637 0.7483 0.7576
November 0.7690 0.7455 0.7573
December 0.7793 0.7507 0.7672