2023 IQD to MWK Historical Review

YEARLY HIGH

1.2864 MWK

YEARLY LOW

0.6938 MWK

YEARLY AVERAGE

0.8408 MWK

2023 IQD to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IQD to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 1.2864. Conversely, the yearly low was recorded on January 18, dropping to 0.6938.

This high-to-low spread represents a total annual volatility of 0.5925 MWK. From a start-to-finish perspective, comparing the January average rate of 0.7009 to the December average rate of 1.2852, the exchange rate registered a net change of 83.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.2864 was up 82.01% compared to the 2022 peak of 0.7068, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,432 MWK

2022 Average 3,198 MWK

Yearly Trough Low 3,469 MWK

Transaction Impact: A difference of 2,962.65 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.3436

0.6425

JanuMarcMayJulySeptNove

IQD 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 0.7292, compared to 0.9524 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2232 points.

H1 Avg (Jan–Jun) 0.7292

H2 Avg (Jul–Dec) 0.9524

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.4350 MWK (High: 1.2860 / Low: 0.8510). On the other end, December was the most stable month, with a tight range of 0.0030 MWK (High: 1.2864 / Low: 1.2834).

November Spread (Volatile) ±0.4350

December Spread (Stable) ±0.0030

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 1.2852) against the same month in 2022 (average: 0.7020), the exchange rate shifted by +0.5832 (+83.08%).

2023 Avg (December) 1.2852

2022 Avg (December) 0.7020

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7039	0.6938	0.7009
February	0.7042	0.6994	0.7031
March	0.7195	0.6967	0.7044
April	0.7783	0.6953	0.7065
May	0.7858	0.7022	0.7777
June	0.8043	0.7763	0.7824
July	0.8047	0.7977	0.8034
August	0.8335	0.7976	0.8211
September	0.8477	0.8014	0.8282
October	0.8857	0.8253	0.8765
November	1.2860	0.8510	1.1000
December	1.2864	1.2834	1.2852