2023 GMD to MWK Historical Review

YEARLY HIGH

25.2644 MWK

YEARLY LOW

16.2602 MWK

YEARLY AVERAGE

18.1569 MWK

2023 GMD to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GMD to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 25.2644. Conversely, the yearly low was recorded on January 18, dropping to 16.2602.

This high-to-low spread represents a total annual volatility of 9.0042 MWK. From a start-to-finish perspective, comparing the January average rate of 16.4963 to the December average rate of 25.0097, the exchange rate registered a net change of 51.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 25.2644 was up 32.69% compared to the 2022 peak of 19.0407, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 126,322 MWK

2022 Average 84,218 MWK

Yearly Trough Low 81,301 MWK

Transaction Impact: A difference of 45,021.12 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

25.8610

15.6449

JanuMarcMayJulySeptNove

GMD 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 16.8274, compared to 19.4864 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.6589 points.

H1 Avg (Jan–Jun) 16.8274

H2 Avg (Jul–Dec) 19.4864

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 8.4787 MWK (High: 25.0484 / Low: 16.5696). On the other end, July was the most stable month, with a tight range of 0.1527 MWK (High: 17.6842 / Low: 17.5316).

November Spread (Volatile) ±8.4787

July Spread (Stable) ±0.1527

Growth Streaks & Declines

Trends

Between April and August, 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 0.1914 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.1914

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 25.0097) against the same month in 2022 (average: 16.5158), the exchange rate shifted by +8.4939 (+51.43%).

2023 Avg (December) 25.0097

2022 Avg (December) 16.5158

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	16.6581	16.2602	16.4963
February	16.9828	16.6355	16.7974
March	17.0719	16.4521	16.7265
April	17.1309	16.3676	16.5648
May	17.2547	16.9850	17.1524
June	17.6847	17.0174	17.2271
July	17.6842	17.5316	17.6272
August	18.0409	17.2808	17.7499
September	18.1745	16.6218	17.5584
October	17.8459	16.5133	17.4880
November	25.0484	16.5696	21.4850
December	25.2644	24.9530	25.0097