YEARLY HIGH
2005.6947 MWK
YEARLY LOW
1079.4196 MWK
YEARLY AVERAGE
1267.9732 MWK

2023 CHF to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CHF to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 2005.6947. Conversely, the yearly low was recorded on March 7, dropping to 1079.4196.

This high-to-low spread represents a total annual volatility of 926.2751 MWK. From a start-to-finish perspective, comparing the January average rate of 1107.3092 to the December average rate of 1950.3332, the exchange rate registered a net change of 76.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2005.6947 was up 80.54% compared to the 2022 peak of 1110.9338, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,028,473 MWK
2022 Average 4,885,061 MWK
Yearly Trough Low 5,397,098 MWK
Transaction Impact: A difference of 4,631,375.33 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2034.6356
1023.0068
JanuMarcMayJulySeptNove

CHF 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 1124.0523, compared to 1411.8942 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 287.8420 points.

H1 Avg (Jan–Jun) 1124.0523
H2 Avg (Jul–Dec) 1411.8942

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 692.0410 MWK (High: 1926.6602 / Low: 1234.6192). On the other end, January was the most stable month, with a tight range of 25.7393 MWK (High: 1120.7846 / Low: 1095.0453).

November Spread (Volatile) ±692.0410
January Spread (Stable) ±25.7393

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 17.4301 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -17.4301

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 1950.3332) against the same month in 2022 (average: 1099.5563), the exchange rate shifted by +850.7769 (+77.37%).

2023 Avg (December) 1950.3332
2022 Avg (December) 1099.5563

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1120.7846 1095.0453 1107.3092
February 1132.0563 1090.0457 1107.5872
March 1149.5311 1079.4196 1109.8057
April 1155.1143 1115.6625 1139.6847
May 1160.9353 1125.8229 1141.5332
June 1174.7291 1124.1909 1138.3935
July 1226.0780 1169.1081 1202.7115
August 1242.4796 1193.9314 1223.8719
September 1237.4638 1175.5316 1206.4418
October 1296.8296 1178.2383 1270.0840
November 1926.6602 1234.6192 1617.9231
December 2005.6947 1914.3948 1950.3332