2023 DOP to MWK Historical Review

YEARLY HIGH

29.6782 MWK

YEARLY LOW

17.8657 MWK

YEARLY AVERAGE

20.2593 MWK

2023 DOP to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DOP to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 20, valuing the pair at 29.6782. Conversely, the yearly low was recorded on January 17, dropping to 17.8657.

This high-to-low spread represents a total annual volatility of 11.8125 MWK. From a start-to-finish perspective, comparing the January average rate of 18.0808 to the December average rate of 29.3828, the exchange rate registered a net change of 62.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 29.6782 was up 53.23% compared to the 2022 peak of 19.3682, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 148,391 MWK

2022 Average 85,108 MWK

Yearly Trough Low 89,328 MWK

Transaction Impact: A difference of 59,062.57 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

30.5130

16.9506

JanuMarcMayJulySeptNove

DOP 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 18.5399, compared to 21.9787 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.4388 points.

H1 Avg (Jan–Jun) 18.5399

H2 Avg (Jul–Dec) 21.9787

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 10.0732 MWK (High: 29.6782 / Low: 19.6049). On the other end, May was the most stable month, with a tight range of 0.1432 MWK (High: 18.8863 / Low: 18.7431).

November Spread (Volatile) ±10.0732

May Spread (Stable) ±0.1432

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 May and June, when the average rate fell by 0.1283 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.1283

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 25.3465) against the same month in 2022 (average: 18.8695), the exchange rate shifted by +6.4770 (+34.33%).

2023 Avg (November) 25.3465

2022 Avg (November) 18.8695

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	18.2401	17.8657	18.0808
February	18.4733	18.0469	18.2692
March	19.1157	18.3360	18.6871
April	18.8613	18.5446	18.7274
May	18.8863	18.7431	18.8017
June	19.0527	18.4239	18.6733
July	19.0968	18.7299	18.8407
August	19.2163	18.5761	18.9901
September	19.5765	18.5041	19.1094
October	20.4271	19.0150	20.2028
November	29.6782	19.6049	25.3465
December	29.6306	28.9598	29.3828