YEARLY HIGH
0.0020 BBD
YEARLY LOW
0.0012 BBD
YEARLY AVERAGE
0.0018 BBD

2023 MWK to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MWK to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 10, valuing the pair at 0.0020. Conversely, the yearly low was recorded on December 17, dropping to 0.0012.

This high-to-low spread represents a total annual volatility of 0.0008 BBD. From a start-to-finish perspective, comparing the January average rate of 0.0020 to the December average rate of 0.0012, the exchange rate registered a net change of -39.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0020 was down 21.16% compared to the 2022 peak of 0.0025, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10 BBD
2022 Average 11 BBD
Yearly Trough Low 6 BBD
Transaction Impact: A difference of 3.97 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0020
0.0011
JanuMarcMayJulySeptNove

MWK to BBD 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 0.0020, compared to 0.0017 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0020
H2 Avg (Jul–Dec) 0.0017

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0006 BBD (High: 0.0018 / Low: 0.0012). On the other end, December was the most stable month, with a tight range of 0.0000 BBD (High: 0.0012 / Low: 0.0012).

November Spread (Volatile) ±0.0006
December Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0003 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0019) against the same month in 2022 (average: 0.0025), the exchange rate shifted by -0.0005 (-20.98%).

2023 Avg (March) 0.0019
2022 Avg (March) 0.0025

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0020 0.0019 0.0020
February 0.0020 0.0019 0.0019
March 0.0020 0.0019 0.0019
April 0.0020 0.0019 0.0020
May 0.0020 0.0019 0.0020
June 0.0020 0.0019 0.0020
July 0.0019 0.0019 0.0019
August 0.0019 0.0018 0.0019
September 0.0019 0.0018 0.0018
October 0.0018 0.0017 0.0017
November 0.0018 0.0012 0.0014
December 0.0012 0.0012 0.0012