2023 KPW to MWK Historical Review

YEARLY HIGH

1.8805 MWK

YEARLY LOW

1.1242 MWK

YEARLY AVERAGE

1.2623 MWK

2023 KPW to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KPW to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 1.8805. Conversely, the yearly low was recorded on March 10, dropping to 1.1242.

This high-to-low spread represents a total annual volatility of 0.7563 MWK. From a start-to-finish perspective, comparing the January average rate of 1.1368 to the December average rate of 1.8716, the exchange rate registered a net change of 64.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.8805 was up 63.85% compared to the 2022 peak of 1.1477, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,403 MWK

2022 Average 5,186 MWK

Yearly Trough Low 5,621 MWK

Transaction Impact: A difference of 3,781.51 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.9451

1.0634

JanuMarcMayJulySeptNove

KPW 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 1.1390, compared to 1.3856 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2466 points.

H1 Avg (Jan–Jun) 1.1390

H2 Avg (Jul–Dec) 1.3856

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.6331 MWK (High: 1.8717 / Low: 1.2386). On the other end, May was the most stable month, with a tight range of 0.0086 MWK (High: 1.1436 / Low: 1.1350).

November Spread (Volatile) ±0.6331

May Spread (Stable) ±0.0086

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 March and April, when the average rate fell by 0.0027 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0027

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 1.8716) against the same month in 2022 (average: 1.1390), the exchange rate shifted by +0.7327 (+64.33%).

2023 Avg (December) 1.8716

2022 Avg (December) 1.1390

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1418	1.1256	1.1368
February	1.1511	1.1303	1.1403
March	1.1657	1.1242	1.1409
April	1.1417	1.1287	1.1382
May	1.1436	1.1350	1.1392
June	1.1706	1.1250	1.1385
July	1.1711	1.1611	1.1682
August	1.2125	1.1597	1.1949
September	1.2339	1.1665	1.2051
October	1.2889	1.2018	1.2750
November	1.8717	1.2386	1.5986
December	1.8805	1.8687	1.8716