YEARLY HIGH
353.2772 MWK
YEARLY LOW
209.6457 MWK
YEARLY AVERAGE
236.1630 MWK

2023 LYD to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LYD to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 353.2772. Conversely, the yearly low was recorded on March 9, dropping to 209.6457.

This high-to-low spread represents a total annual volatility of 143.6315 MWK. From a start-to-finish perspective, comparing the January average rate of 213.9925 to the December average rate of 350.3729, the exchange rate registered a net change of 63.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 353.2772 was up 64.12% compared to the 2022 peak of 215.2553, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,766,386 MWK
2022 Average 969,482 MWK
Yearly Trough Low 1,048,228 MWK
Transaction Impact: A difference of 718,157.67 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

364.1266
199.0829
JanuMarcMayJulySeptNove

LYD 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 214.0240, compared to 258.3021 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 44.2782 points.

H1 Avg (Jan–Jun) 214.0240
H2 Avg (Jul–Dec) 258.3021

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 122.3271 MWK (High: 351.0589 / Low: 228.7318). On the other end, April was the most stable month, with a tight range of 3.7201 MWK (High: 217.1791 / Low: 213.4591).

November Spread (Volatile) ±122.3271
April Spread (Stable) ±3.7201

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 1.5737 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.5737

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 350.3729) against the same month in 2022 (average: 211.9041), the exchange rate shifted by +138.4688 (+65.35%).

2023 Avg (December) 350.3729
2022 Avg (December) 211.9041

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 216.1439 211.9979 213.9925
February 216.9408 211.8284 214.0707
March 218.1223 209.6457 213.6843
April 217.1791 213.4591 215.1494
May 216.2216 212.0207 214.4103
June 219.2056 210.9848 212.8365
July 222.4415 217.8423 220.4517
August 226.4263 217.5982 223.6201
September 229.2282 216.8285 223.5350
October 237.8120 221.0718 234.6143
November 351.0589 228.7318 297.2189
December 353.2772 347.6876 350.3729