2023 KWD to MWK Historical Review

YEARLY HIGH

5501.6726 MWK

YEARLY LOW

3295.3698 MWK

YEARLY AVERAGE

3695.8116 MWK

2023 KWD to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KWD to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 5501.6726. Conversely, the yearly low was recorded on March 10, dropping to 3295.3698.

This high-to-low spread represents a total annual volatility of 2206.3028 MWK. From a start-to-finish perspective, comparing the January average rate of 3348.5197 to the December average rate of 5471.1566, the exchange rate registered a net change of 63.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 5501.6726 was up 63.56% compared to the 2022 peak of 3363.7018, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 27,508,363 MWK

2022 Average 15,227,946 MWK

Yearly Trough Low 16,476,849 MWK

Transaction Impact: A difference of 11,031,513.92 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

5684.7441

3121.6936

JanuMarcMayJulySeptNove

KWD 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 3345.1151, compared to 4046.5082 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 701.3931 points.

H1 Avg (Jan–Jun) 3345.1151

H2 Avg (Jul–Dec) 4046.5082

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 1854.3039 MWK (High: 5464.8710 / Low: 3610.5671). On the other end, May was the most stable month, with a tight range of 27.9686 MWK (High: 3353.6728 / Low: 3325.7041).

November Spread (Volatile) ±1854.3039

May Spread (Stable) ±27.9686

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 6.3190 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -6.3190

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 5471.1566) against the same month in 2022 (average: 3344.2101), the exchange rate shifted by +2126.9465 (+63.60%).

2023 Avg (December) 5471.1566

2022 Avg (December) 3344.2101

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3367.7283	3318.0908	3348.5197
February	3405.3000	3320.3717	3353.4119
March	3422.5996	3295.3698	3349.5689
April	3356.6052	3325.7245	3343.2499
May	3353.6728	3325.7041	3340.6588
June	3425.1946	3297.8911	3335.2812
July	3445.9119	3406.1742	3427.3811
August	3537.3182	3394.3082	3491.9833
September	3595.3038	3402.5662	3512.9246
October	3752.5123	3497.2921	3710.5126
November	5464.8710	3610.5671	4665.0909
December	5501.6726	5450.0142	5471.1566