2023 CAD to MWK Historical Review

YEARLY HIGH

1274.4895 MWK

YEARLY LOW

730.0866 MWK

YEARLY AVERAGE

841.4409 MWK

2023 CAD to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CAD to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 1274.4895. Conversely, the yearly low was recorded on March 10, dropping to 730.0866.

This high-to-low spread represents a total annual volatility of 544.4029 MWK. From a start-to-finish perspective, comparing the January average rate of 762.4331 to the December average rate of 1256.1632, the exchange rate registered a net change of 64.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1274.4895 was up 56.36% compared to the 2022 peak of 815.0841, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,372,448 MWK

2022 Average 3,579,692 MWK

Yearly Trough Low 3,650,433 MWK

Transaction Impact: A difference of 2,722,014.28 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1306.8327

698.7994

JanuMarcMayJulySeptNove

CAD 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 760.2422, compared to 922.6396 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 162.3974 points.

H1 Avg (Jan–Jun) 760.2422

H2 Avg (Jul–Dec) 922.6396

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 434.0218 MWK (High: 1241.7042 / Low: 807.6824). On the other end, July was the most stable month, with a tight range of 16.7883 MWK (High: 802.5210 / Low: 785.7328).

November Spread (Volatile) ±434.0218

July Spread (Stable) ±16.7883

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 13.1803 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -13.1803

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 1256.1632) against the same month in 2022 (average: 753.4361), the exchange rate shifted by +502.7271 (+66.72%).

2023 Avg (December) 1256.1632

2022 Avg (December) 753.4361

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	771.7526	749.8009	762.4331
February	773.7025	752.2230	762.6492
March	765.4046	730.0866	749.4689
April	769.7616	749.0560	757.8693
May	768.2612	749.1785	757.8721
June	795.0493	761.0716	771.1606
July	802.5210	785.7328	794.6731
August	810.5170	780.3667	797.4498
September	825.7510	769.7107	800.4275
October	853.9228	790.8640	836.7968
November	1241.7042	807.6824	1050.3272
December	1274.4895	1237.3615	1256.1632