2023 MWK to BOB Historical Review

YEARLY HIGH

0.0068 BOB

YEARLY LOW

0.0041 BOB

YEARLY AVERAGE

0.0062 BOB

2023 MWK to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MWK to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 0.0068. Conversely, the yearly low was recorded on November 24, dropping to 0.0041.

This high-to-low spread represents a total annual volatility of 0.0027 BOB. From a start-to-finish perspective, comparing the January average rate of 0.0068 to the December average rate of 0.0041, the exchange rate registered a net change of -39.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0068 was down 20.80% compared to the 2022 peak of 0.0086, 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 34 BOB

2022 Average 37 BOB

Yearly Trough Low 21 BOB

Transaction Impact: A difference of 13.58 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0070

0.0038

JanuMarcMayJulySeptNove

MWK to BOB 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 0.0067, compared to 0.0057 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0067

H2 Avg (Jul–Dec) 0.0057

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0021 BOB (High: 0.0062 / Low: 0.0041). On the other end, December was the most stable month, with a tight range of 0.0000 BOB (High: 0.0041 / Low: 0.0041).

November Spread (Volatile) ±0.0021

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 0.0010 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0068) against the same month in 2022 (average: 0.0084), the exchange rate shifted by -0.0017 (-20.00%).

2023 Avg (January) 0.0068

2022 Avg (January) 0.0084

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0068	0.0067	0.0068
February	0.0068	0.0067	0.0067
March	0.0068	0.0066	0.0067
April	0.0068	0.0067	0.0067
May	0.0068	0.0067	0.0067
June	0.0068	0.0066	0.0067
July	0.0066	0.0065	0.0066
August	0.0066	0.0063	0.0064
September	0.0066	0.0062	0.0064
October	0.0064	0.0060	0.0060
November	0.0062	0.0041	0.0050
December	0.0041	0.0041	0.0041