2023 MNT to MWK Historical Review

YEARLY HIGH

0.4906 MWK

YEARLY LOW

0.2877 MWK

YEARLY AVERAGE

0.3283 MWK

2023 MNT to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MNT to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 0.4906. Conversely, the yearly low was recorded on June 25, dropping to 0.2877.

This high-to-low spread represents a total annual volatility of 0.2028 MWK. From a start-to-finish perspective, comparing the January average rate of 0.3003 to the December average rate of 0.4882, the exchange rate registered a net change of 62.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4906 was up 47.96% compared to the 2022 peak of 0.3315, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,453 MWK

2022 Average 1,491 MWK

Yearly Trough Low 1,439 MWK

Transaction Impact: A difference of 1,014.18 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5080

0.2714

JanuMarcMayJulySeptNove

MNT 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 0.2960, compared to 0.3606 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0645 points.

H1 Avg (Jan–Jun) 0.2960

H2 Avg (Jul–Dec) 0.3606

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.1652 MWK (High: 0.4883 / Low: 0.3231). On the other end, May was the most stable month, with a tight range of 0.0022 MWK (High: 0.2925 / Low: 0.2903).

November Spread (Volatile) ±0.1652

May Spread (Stable) ±0.0022

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 0.0100 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0100

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.4882) against the same month in 2022 (average: 0.3009), the exchange rate shifted by +0.1874 (+62.28%).

2023 Avg (December) 0.4882

2022 Avg (December) 0.3009

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3016	0.2973	0.3003
February	0.3041	0.2986	0.3012
March	0.3079	0.2906	0.3011
April	0.2920	0.2887	0.2911
May	0.2925	0.2903	0.2914
June	0.2994	0.2877	0.2912
July	0.3052	0.2970	0.2995
August	0.3163	0.3025	0.3117
September	0.3219	0.3043	0.3144
October	0.3362	0.3135	0.3326
November	0.4883	0.3231	0.4170
December	0.4906	0.4875	0.4882