2023 IDR to MWK Historical Review

YEARLY HIGH

0.1096 MWK

YEARLY LOW

0.0653 MWK

YEARLY AVERAGE

0.0744 MWK

2023 IDR to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IDR to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 28, valuing the pair at 0.1096. Conversely, the yearly low was recorded on March 10, dropping to 0.0653.

This high-to-low spread represents a total annual volatility of 0.0444 MWK. From a start-to-finish perspective, comparing the January average rate of 0.0671 to the December average rate of 0.1088, the exchange rate registered a net change of 62.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1096 was up 55.27% compared to the 2022 peak of 0.0706, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 10,000,000 IDR based on timing:

Yearly Peak High 1,096,275 MWK

2022 Average 627,406 MWK

Yearly Trough Low 652,661 MWK

Transaction Impact: A difference of 443,613.78 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1130

0.0630

JanuMarcMayJulySeptNove

IDR 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 0.0681, compared to 0.0808 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0127 points.

H1 Avg (Jan–Jun) 0.0681

H2 Avg (Jul–Dec) 0.0808

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0387 MWK (High: 0.1096 / Low: 0.0709). On the other end, July was the most stable month, with a tight range of 0.0014 MWK (High: 0.0703 / Low: 0.0689).

November Spread (Volatile) ±0.0387

July Spread (Stable) ±0.0014

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 February and March, when the average rate fell by 0.0005 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0925) against the same month in 2022 (average: 0.0655), the exchange rate shifted by +0.0270 (+41.26%).

2023 Avg (November) 0.0925

2022 Avg (November) 0.0655

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0686	0.0656	0.0671
February	0.0689	0.0671	0.0677
March	0.0683	0.0653	0.0671
April	0.0700	0.0683	0.0689
May	0.0699	0.0682	0.0691
June	0.0699	0.0675	0.0686
July	0.0703	0.0689	0.0698
August	0.0713	0.0685	0.0704
September	0.0722	0.0684	0.0705
October	0.0741	0.0696	0.0728
November	0.1096	0.0709	0.0925
December	0.1096	0.1076	0.1088