2023 AZN to MWK Historical Review

YEARLY HIGH

995.5665 MWK

YEARLY LOW

595.1709 MWK

YEARLY AVERAGE

668.2299 MWK

2023 AZN to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AZN to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 995.5665. Conversely, the yearly low was recorded on March 10, dropping to 595.1709.

This high-to-low spread represents a total annual volatility of 400.3956 MWK. From a start-to-finish perspective, comparing the January average rate of 601.8545 to the December average rate of 990.8586, the exchange rate registered a net change of 64.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 995.5665 was up 63.85% compared to the 2022 peak of 607.5962, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,977,832 MWK

2022 Average 2,745,676 MWK

Yearly Trough Low 2,975,855 MWK

Transaction Impact: A difference of 2,001,977.83 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1029.7591

562.9541

JanuMarcMayJulySeptNove

AZN to MWK 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 602.9638, compared to 733.4961 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 130.5323 points.

H1 Avg (Jan–Jun) 602.9638

H2 Avg (Jul–Dec) 733.4961

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 337.2413 MWK (High: 990.8847 / Low: 653.6434). On the other end, May was the most stable month, with a tight range of 4.5479 MWK (High: 605.4302 / Low: 600.8824).

November Spread (Volatile) ±337.2413

May Spread (Stable) ±4.5479

Growth Streaks & Declines

Trends

Between June and December, 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 March and April, when the average rate fell by 1.2948 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -1.2948

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 990.8586) against the same month in 2022 (average: 602.9829), the exchange rate shifted by +387.8757 (+64.33%).

2023 Avg (December) 990.8586

2022 Avg (December) 602.9829

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	604.4795	595.8881	601.8545
February	609.3824	598.3896	603.7103
March	617.1468	595.1709	603.8618
April	604.4118	597.5374	602.5670
May	605.4302	600.8824	603.1025
June	619.7446	595.6088	602.6868
July	619.9886	614.7059	618.3730
August	641.9365	613.9764	632.5733
September	653.2353	617.5638	637.9735
October	682.3436	636.2459	674.9903
November	990.8847	653.6434	846.2077
December	995.5665	989.3137	990.8586