2023 MWK to AED Historical Review

YEARLY HIGH

0.0036 AED

YEARLY LOW

0.0022 AED

YEARLY AVERAGE

0.0033 AED

2023 MWK to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MWK to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on March 10, valuing the pair at 0.0036. Conversely, the yearly low was recorded on December 16, dropping to 0.0022.

This high-to-low spread represents a total annual volatility of 0.0015 AED. From a start-to-finish perspective, comparing the January average rate of 0.0036 to the December average rate of 0.0022, the exchange rate registered a net change of -39.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0036 was down 21.17% compared to the 2022 peak of 0.0046, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 18 AED

2022 Average 20 AED

Yearly Trough Low 11 AED

Transaction Impact: A difference of 7.30 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0037

0.0020

JanuMarcMayJulySeptNove

MWK to AED 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 0.0036, compared to 0.0031 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0036

H2 Avg (Jul–Dec) 0.0031

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0011 AED (High: 0.0033 / Low: 0.0022). On the other end, December was the most stable month, with a tight range of 0.0000 AED (High: 0.0022 / Low: 0.0022).

November Spread (Volatile) ±0.0011

December Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0005 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0036) against the same month in 2022 (average: 0.0045), the exchange rate shifted by -0.0010 (-20.99%).

2023 Avg (March) 0.0036

2022 Avg (March) 0.0045

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0036	0.0036	0.0036
February	0.0036	0.0035	0.0036
March	0.0036	0.0035	0.0036
April	0.0036	0.0036	0.0036
May	0.0036	0.0036	0.0036
June	0.0036	0.0035	0.0036
July	0.0035	0.0035	0.0035
August	0.0035	0.0034	0.0034
September	0.0035	0.0033	0.0034
October	0.0034	0.0032	0.0032
November	0.0033	0.0022	0.0027
December	0.0022	0.0022	0.0022