2023 MGA to MWK Historical Review

YEARLY HIGH

0.3743 MWK

YEARLY LOW

0.2239 MWK

YEARLY AVERAGE

0.2549 MWK

2023 MGA to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MGA to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 1, valuing the pair at 0.3743. Conversely, the yearly low was recorded on June 28, dropping to 0.2239.

This high-to-low spread represents a total annual volatility of 0.1504 MWK. From a start-to-finish perspective, comparing the January average rate of 0.2328 to the December average rate of 0.3676, the exchange rate registered a net change of 57.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3743 was up 46.07% compared to the 2022 peak of 0.2563, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,872 MWK

2022 Average 1,128 MWK

Yearly Trough Low 1,120 MWK

Transaction Impact: A difference of 752.00 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3815

0.2151

JanuMarcMayJulySeptNove

MGA 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 0.2343, compared to 0.2754 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0412 points.

H1 Avg (Jan–Jun) 0.2343

H2 Avg (Jul–Dec) 0.2754

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.1279 MWK (High: 0.3742 / Low: 0.2463). On the other end, May was the most stable month, with a tight range of 0.0024 MWK (High: 0.2340 / Low: 0.2316).

November Spread (Volatile) ±0.1279

May Spread (Stable) ±0.0024

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 0.0042 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0042

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.3676) against the same month in 2022 (average: 0.2319), the exchange rate shifted by +0.1357 (+58.53%).

2023 Avg (December) 0.3676

2022 Avg (December) 0.2319

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2410	0.2256	0.2328
February	0.2403	0.2359	0.2388
March	0.2436	0.2352	0.2382
April	0.2364	0.2324	0.2340
May	0.2340	0.2316	0.2329
June	0.2334	0.2239	0.2290
July	0.2381	0.2303	0.2336
August	0.2439	0.2328	0.2389
September	0.2464	0.2345	0.2405
October	0.2571	0.2379	0.2534
November	0.3742	0.2463	0.3187
December	0.3743	0.3650	0.3676