YEARLY HIGH
3.7946 MWK
YEARLY LOW
2.1755 MWK
YEARLY AVERAGE
2.4956 MWK

2023 KMF to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KMF to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 3.7946. Conversely, the yearly low was recorded on March 7, dropping to 2.1755.

This high-to-low spread represents a total annual volatility of 1.6191 MWK. From a start-to-finish perspective, comparing the January average rate of 2.2388 to the December average rate of 3.7342, the exchange rate registered a net change of 66.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 3.7946 was up 69.62% compared to the 2022 peak of 2.2372, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 18,973 MWK
2022 Average 9,966 MWK
Yearly Trough Low 10,877 MWK
Transaction Impact: A difference of 8,095.74 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

3.8847
2.0788
JanuMarcMayJulySeptNove

KMF 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 2.2494, compared to 2.7419 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4926 points.

H1 Avg (Jan–Jun) 2.2494
H2 Avg (Jul–Dec) 2.7419

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 1.3522 MWK (High: 3.7577 / Low: 2.4055). On the other end, April was the most stable month, with a tight range of 0.0500 MWK (High: 2.3058 / Low: 2.2558).

November Spread (Volatile) ±1.3522
April Spread (Stable) ±0.0500

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0290 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0290

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 3.7342) against the same month in 2022 (average: 2.2051), the exchange rate shifted by +1.5291 (+69.34%).

2023 Avg (December) 3.7342
2022 Avg (December) 2.2051

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.2734 2.1911 2.2388
February 2.2955 2.1971 2.2306
March 2.2862 2.1755 2.2293
April 2.3058 2.2558 2.2820
May 2.3012 2.2208 2.2624
June 2.3358 2.2144 2.2531
July 2.4082 2.3096 2.3600
August 2.4233 2.3204 2.3821
September 2.4110 2.2865 2.3531
October 2.4959 2.3057 2.4612
November 3.7577 2.4055 3.1611
December 3.7946 3.6792 3.7342