2023 GNF to MWK Historical Review

YEARLY HIGH

0.1967 MWK

YEARLY LOW

0.1158 MWK

YEARLY AVERAGE

0.1318 MWK

2023 GNF to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GNF to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 0.1967. Conversely, the yearly low was recorded on March 4, dropping to 0.1158.

This high-to-low spread represents a total annual volatility of 0.0809 MWK. From a start-to-finish perspective, comparing the January average rate of 0.1181 to the December average rate of 0.1958, the exchange rate registered a net change of 65.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1967 was up 65.01% compared to the 2022 peak of 0.1192, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 983 MWK

2022 Average 531 MWK

Yearly Trough Low 579 MWK

Transaction Impact: A difference of 404.58 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2036

0.1103

JanuMarcMayJulySeptNove

GNF 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 0.1187, compared to 0.1449 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0262 points.

H1 Avg (Jan–Jun) 0.1187

H2 Avg (Jul–Dec) 0.1449

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0667 MWK (High: 0.1960 / Low: 0.1293). On the other end, December was the most stable month, with a tight range of 0.0013 MWK (High: 0.1967 / Low: 0.1953).

November Spread (Volatile) ±0.0667

December Spread (Stable) ±0.0013

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 April and May, when the average rate fell by 0.0002 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.1958) against the same month in 2022 (average: 0.1179), the exchange rate shifted by +0.0779 (+66.12%).

2023 Avg (December) 0.1958

2022 Avg (December) 0.1179

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1193	0.1160	0.1181
February	0.1198	0.1164	0.1187
March	0.1219	0.1158	0.1189
April	0.1197	0.1180	0.1191
May	0.1195	0.1181	0.1189
June	0.1222	0.1176	0.1188
July	0.1226	0.1208	0.1221
August	0.1271	0.1206	0.1249
September	0.1290	0.1224	0.1260
October	0.1351	0.1255	0.1334
November	0.1960	0.1293	0.1673
December	0.1967	0.1953	0.1958