2023 KHR to MWK Historical Review

YEARLY HIGH

0.4121 MWK

YEARLY LOW

0.2462 MWK

YEARLY AVERAGE

0.2765 MWK

2023 KHR to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KHR to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.4121. Conversely, the yearly low was recorded on January 18, dropping to 0.2462.

This high-to-low spread represents a total annual volatility of 0.1659 MWK. From a start-to-finish perspective, comparing the January average rate of 0.2487 to the December average rate of 0.4097, the exchange rate registered a net change of 64.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4121 was up 63.27% compared to the 2022 peak of 0.2524, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,060 MWK

2022 Average 1,141 MWK

Yearly Trough Low 1,231 MWK

Transaction Impact: A difference of 829.30 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4259

0.2324

JanuMarcMayJulySeptNove

KHR 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 0.2505, compared to 0.3024 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0519 points.

H1 Avg (Jan–Jun) 0.2505

H2 Avg (Jul–Dec) 0.3024

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.1391 MWK (High: 0.4094 / Low: 0.2702). On the other end, July was the most stable month, with a tight range of 0.0012 MWK (High: 0.2554 / Low: 0.2542).

November Spread (Volatile) ±0.1391

July Spread (Stable) ±0.0012

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 0.0029 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0029

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.4097) against the same month in 2022 (average: 0.2490), the exchange rate shifted by +0.1608 (+64.57%).

2023 Avg (December) 0.4097

2022 Avg (December) 0.2490

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2503	0.2462	0.2487
February	0.2541	0.2484	0.2512
March	0.2591	0.2509	0.2536
April	0.2538	0.2490	0.2520
May	0.2502	0.2477	0.2491
June	0.2551	0.2465	0.2485
July	0.2554	0.2542	0.2550
August	0.2629	0.2534	0.2598
September	0.2699	0.2528	0.2626
October	0.2813	0.2617	0.2779
November	0.4094	0.2702	0.3496
December	0.4121	0.4085	0.4097