2023 MVR to MWK Historical Review

YEARLY HIGH

110.1070 MWK

YEARLY LOW

65.8226 MWK

YEARLY AVERAGE

73.9077 MWK

2023 MVR to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MVR to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 15, valuing the pair at 110.1070. Conversely, the yearly low was recorded on January 18, dropping to 65.8226.

This high-to-low spread represents a total annual volatility of 44.2844 MWK. From a start-to-finish perspective, comparing the January average rate of 66.5076 to the December average rate of 109.5735, the exchange rate registered a net change of 64.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 110.1070 was up 63.77% compared to the 2022 peak of 67.2340, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 550,535 MWK

2022 Average 302,694 MWK

Yearly Trough Low 329,113 MWK

Transaction Impact: A difference of 221,422.09 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

113.8801

62.2010

JanuMarcMayJulySeptNove

MVR 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 66.7391, compared to 81.0762 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 14.3371 points.

H1 Avg (Jan–Jun) 66.7391

H2 Avg (Jul–Dec) 81.0762

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 37.5762 MWK (High: 110.1070 / Low: 72.5308). On the other end, May was the most stable month, with a tight range of 0.6673 MWK (High: 67.2145 / Low: 66.5472).

November Spread (Volatile) ±37.5762

May Spread (Stable) ±0.6673

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 0.0825 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0825

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 93.6324) against the same month in 2022 (average: 66.5164), the exchange rate shifted by +27.1159 (+40.77%).

2023 Avg (November) 93.6324

2022 Avg (November) 66.5164

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	66.9020	65.8226	66.5076
February	67.4776	66.2280	66.8444
March	68.2543	65.8718	66.7830
April	66.9381	66.1337	66.7006
May	67.2145	66.5472	66.8150
June	68.8155	66.1355	66.7843
July	68.6806	67.8571	68.3769
August	70.9216	67.9974	69.9554
September	72.0870	67.9300	70.3488
October	75.4723	70.4637	74.5703
November	110.1070	72.5308	93.6324
December	109.9002	109.2100	109.5735