2023 ALL to MWK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 ALL to MWK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the ALL to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 1, valuing the pair at 18.1226. Conversely, the yearly low was recorded on January 8, dropping to 9.2037.
This high-to-low spread represents a total annual volatility of 8.9189 MWK. From a start-to-finish perspective, comparing the January average rate of 9.4807 to the December average rate of 17.8883, the exchange rate registered a net change of 88.68% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 18.1226 was up 88.76% compared to the 2022 peak of 9.6008, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ALL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
ALL to MWK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 9.8269, compared to 12.9298 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.1029 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was November, with a trading range of 6.7069 MWK (High: 18.0664 / Low: 11.3596). On the other end, February was the most stable month, with a tight range of 0.2211 MWK (High: 9.6555 / Low: 9.4345).
Growth Streaks & Declines
TrendsBetween January and July, 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 August and September, when the average rate fell by 0.2718 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 17.8883) against the same month in 2022 (average: 9.4353), the exchange rate shifted by +8.4530 (+89.59%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 9.6039 | 9.2037 | 9.4807 |
| February | 9.6555 | 9.4345 | 9.4984 |
| March | 9.8576 | 9.3595 | 9.6064 |
| April | 10.2150 | 9.8035 | 10.0028 |
| May | 10.1763 | 9.8237 | 10.0251 |
| June | 10.7615 | 10.0503 | 10.3477 |
| July | 11.7466 | 10.7302 | 11.2539 |
| August | 11.5250 | 10.5247 | 11.1064 |
| September | 11.1418 | 10.4360 | 10.8346 |
| October | 11.5825 | 10.6935 | 11.4609 |
| November | 18.0664 | 11.3596 | 15.0344 |
| December | 18.1226 | 17.7488 | 17.8883 |