2023 LBP to MWK Historical Review

YEARLY HIGH

0.6808 MWK

YEARLY LOW

0.0667 MWK

YEARLY AVERAGE

0.1351 MWK

2023 LBP to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LBP to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 0.6808. Conversely, the yearly low was recorded on February 6, dropping to 0.0667.

This high-to-low spread represents a total annual volatility of 0.6141 MWK. From a start-to-finish perspective, comparing the January average rate of 0.6750 to the December average rate of 0.1119, the exchange rate registered a net change of -83.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6808 was down 3.27% compared to the 2022 peak of 0.7038, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,404 MWK

2022 Average 3,080 MWK

Yearly Trough Low 333 MWK

Transaction Impact: A difference of 3,070.57 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7357

0.0070

JanuMarcMayJulySeptNove

LBP 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 0.1873, compared to 0.0829 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1044 points.

H1 Avg (Jan–Jun) 0.1873

H2 Avg (Jul–Dec) 0.0829

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.6141 MWK (High: 0.6808 / Low: 0.0667). On the other end, December was the most stable month, with a tight range of 0.0006 MWK (High: 0.1121 / Low: 0.1115).

February Spread (Volatile) ±0.6141

December Spread (Stable) ±0.0006

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 January and February, when the average rate fell by 0.4979 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.4979

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.1771) against the same month in 2022 (average: 0.5324), the exchange rate shifted by -0.3553 (-66.73%).

2023 Avg (February) 0.1771

2022 Avg (February) 0.5324

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6793	0.6668	0.6750
February	0.6808	0.0667	0.1771
March	0.0698	0.0667	0.0681
April	0.0684	0.0670	0.0679
May	0.0684	0.0670	0.0680
June	0.0700	0.0667	0.0678
July	0.0702	0.0686	0.0698
August	0.0727	0.0688	0.0714
September	0.0739	0.0692	0.0720
October	0.0772	0.0719	0.0764
November	0.1121	0.0741	0.0959
December	0.1121	0.1115	0.1119