2023 MWK to BWP Historical Review

YEARLY HIGH

0.0135 BWP

YEARLY LOW

0.0079 BWP

YEARLY AVERAGE

0.0121 BWP

2023 MWK to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MWK to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 31, valuing the pair at 0.0135. Conversely, the yearly low was recorded on December 17, dropping to 0.0079.

This high-to-low spread represents a total annual volatility of 0.0055 BWP. From a start-to-finish perspective, comparing the January average rate of 0.0125 to the December average rate of 0.0080, the exchange rate registered a net change of -35.78% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0135 was down 10.73% compared to the 2022 peak of 0.0151, 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 67 BWP

2022 Average 67 BWP

Yearly Trough Low 40 BWP

Transaction Impact: A difference of 27.71 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0137

0.0075

JanuMarcMayJulySeptNove

MWK 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 0.0129, compared to 0.0113 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.0129

H2 Avg (Jul–Dec) 0.0113

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0043 BWP (High: 0.0122 / Low: 0.0080). On the other end, December was the most stable month, with a tight range of 0.0002 BWP (High: 0.0081 / Low: 0.0079).

November Spread (Volatile) ±0.0043

December Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0022 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.0131) against the same month in 2022 (average: 0.0149), the exchange rate shifted by -0.0017 (-11.57%).

2023 Avg (May) 0.0131

2022 Avg (May) 0.0149

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0126	0.0123	0.0125
February	0.0130	0.0124	0.0127
March	0.0132	0.0126	0.0129
April	0.0130	0.0127	0.0128
May	0.0135	0.0128	0.0131
June	0.0134	0.0127	0.0131
July	0.0129	0.0123	0.0126
August	0.0128	0.0124	0.0125
September	0.0131	0.0123	0.0126
October	0.0127	0.0118	0.0120
November	0.0122	0.0080	0.0098
December	0.0081	0.0079	0.0080