YEARLY HIGH
0.0820 MWK
YEARLY LOW
0.0530 MWK
YEARLY AVERAGE
0.0606 MWK

2023 LAK to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LAK to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.0820. Conversely, the yearly low was recorded on September 30, dropping to 0.0530.

This high-to-low spread represents a total annual volatility of 0.0289 MWK. From a start-to-finish perspective, comparing the January average rate of 0.0602 to the December average rate of 0.0816, the exchange rate registered a net change of 35.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0820 was up 12.37% compared to the 2022 peak of 0.0729, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 410 MWK
2022 Average 330 MWK
Yearly Trough Low 265 MWK
Transaction Impact: A difference of 144.74 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0843
0.0517
JanuMarcMayJulySeptNove

LAK 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 0.0593, compared to 0.0619 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0026 points.

H1 Avg (Jan–Jun) 0.0593
H2 Avg (Jul–Dec) 0.0619

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0277 MWK (High: 0.0814 / Low: 0.0537). On the other end, February was the most stable month, with a tight range of 0.0004 MWK (High: 0.0610 / Low: 0.0606).

November Spread (Volatile) ±0.0277
February Spread (Stable) ±0.0004

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 May and June, when the average rate fell by 0.0027 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0027

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0816) against the same month in 2022 (average: 0.0592), the exchange rate shifted by +0.0224 (+37.85%).

2023 Avg (December) 0.0816
2022 Avg (December) 0.0592

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0610 0.0590 0.0602
February 0.0610 0.0606 0.0608
March 0.0622 0.0601 0.0608
April 0.0604 0.0592 0.0597
May 0.0593 0.0577 0.0584
June 0.0579 0.0537 0.0558
July 0.0561 0.0545 0.0550
August 0.0560 0.0538 0.0553
September 0.0558 0.0530 0.0544
October 0.0566 0.0531 0.0557
November 0.0814 0.0537 0.0695
December 0.0820 0.0811 0.0816