2023 CDF to MWK Historical Review

YEARLY HIGH

0.6788 MWK

YEARLY LOW

0.4129 MWK

YEARLY AVERAGE

0.4856 MWK

2023 CDF to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CDF to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 19, valuing the pair at 0.6788. Conversely, the yearly low was recorded on July 26, dropping to 0.4129.

This high-to-low spread represents a total annual volatility of 0.2658 MWK. From a start-to-finish perspective, comparing the January average rate of 0.4994 to the December average rate of 0.6188, the exchange rate registered a net change of 23.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6788 was up 31.62% compared to the 2022 peak of 0.5157, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,394 MWK

2022 Average 2,310 MWK

Yearly Trough Low 2,065 MWK

Transaction Impact: A difference of 1,329.24 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6381

0.4066

JanuMarcMayJulySeptNove

CDF 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 0.4817, compared to 0.4895 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0078 points.

H1 Avg (Jan–Jun) 0.4817

H2 Avg (Jul–Dec) 0.4895

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.2573 MWK (High: 0.6788 / Low: 0.4214). On the other end, January was the most stable month, with a tight range of 0.0112 MWK (High: 0.5052 / Low: 0.4940).

November Spread (Volatile) ±0.2573

January Spread (Stable) ±0.0112

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0360 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0360

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.5657) against the same month in 2022 (average: 0.5001), the exchange rate shifted by +0.0656 (+13.12%).

2023 Avg (November) 0.5657

2022 Avg (November) 0.5001

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5052	0.4940	0.4994
February	0.5066	0.4934	0.4976
March	0.5092	0.4878	0.4965
April	0.5020	0.4683	0.4924
May	0.5032	0.4381	0.4702
June	0.4414	0.4266	0.4342
July	0.4363	0.4129	0.4259
August	0.4402	0.4211	0.4343
September	0.4518	0.4194	0.4367
October	0.4673	0.4348	0.4558
November	0.6788	0.4214	0.5657
December	0.6322	0.6023	0.6188