YEARLY HIGH
0.4384 MWK
YEARLY LOW
0.2063 MWK
YEARLY AVERAGE
0.2659 MWK

2023 COP to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the COP to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.4384. Conversely, the yearly low was recorded on January 5, dropping to 0.2063.

This high-to-low spread represents a total annual volatility of 0.2321 MWK. From a start-to-finish perspective, comparing the January average rate of 0.2172 to the December average rate of 0.4258, the exchange rate registered a net change of 95.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4384 was up 62.36% compared to the 2022 peak of 0.2700, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,191,907 MWK
2022 Average 1,096,397 MWK
Yearly Trough Low 1,031,268 MWK
Transaction Impact: A difference of 1,160,638.92 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4469
0.1929
JanuMarcMayJulySeptNove

COP 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 0.2238, compared to 0.3080 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0842 points.

H1 Avg (Jan–Jun) 0.2238
H2 Avg (Jul–Dec) 0.3080

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.1533 MWK (High: 0.4251 / Low: 0.2719). On the other end, March was the most stable month, with a tight range of 0.0135 MWK (High: 0.2238 / Low: 0.2103).

November Spread (Volatile) ±0.1533
March Spread (Stable) ±0.0135

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0031 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.4258) against the same month in 2022 (average: 0.2140), the exchange rate shifted by +0.2117 (+98.92%).

2023 Avg (December) 0.4258
2022 Avg (December) 0.2140

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2282 0.2063 0.2172
February 0.2238 0.2064 0.2141
March 0.2238 0.2103 0.2158
April 0.2327 0.2189 0.2260
May 0.2334 0.2190 0.2259
June 0.2530 0.2317 0.2440
July 0.2680 0.2491 0.2588
August 0.2747 0.2515 0.2641
September 0.2845 0.2562 0.2706
October 0.2792 0.2638 0.2719
November 0.4251 0.2719 0.3570
December 0.4384 0.4177 0.4258