2023 MWK to AFN Historical Review

YEARLY HIGH

0.0891 AFN

YEARLY LOW

0.0410 AFN

YEARLY AVERAGE

0.0755 AFN

2023 MWK to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MWK to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 18, valuing the pair at 0.0891. Conversely, the yearly low was recorded on November 22, dropping to 0.0410.

This high-to-low spread represents a total annual volatility of 0.0481 AFN. From a start-to-finish perspective, comparing the January average rate of 0.0868 to the December average rate of 0.0415, the exchange rate registered a net change of -52.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0891 was down 31.30% compared to the 2022 peak of 0.1297, 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 446 AFN

2022 Average 490 AFN

Yearly Trough Low 205 AFN

Transaction Impact: A difference of 240.43 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0919

0.0369

JanuMarcMayJulySeptNove

MWK to AFN 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 0.0857, compared to 0.0654 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0203 points.

H1 Avg (Jan–Jun) 0.0857

H2 Avg (Jul–Dec) 0.0654

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0258 AFN (High: 0.0668 / Low: 0.0410). On the other end, December was the most stable month, with a tight range of 0.0009 AFN (High: 0.0421 / Low: 0.0411).

November Spread (Volatile) ±0.0258

December Spread (Stable) ±0.0009

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 0.0139 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0139

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.0846) against the same month in 2022 (average: 0.1074), the exchange rate shifted by -0.0228 (-21.23%).

2023 Avg (April) 0.0846

2022 Avg (April) 0.1074

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0882	0.0855	0.0868
February	0.0887	0.0855	0.0874
March	0.0879	0.0835	0.0853
April	0.0891	0.0830	0.0846
May	0.0865	0.0840	0.0853
June	0.0858	0.0820	0.0846
July	0.0836	0.0811	0.0824
August	0.0824	0.0756	0.0785
September	0.0756	0.0686	0.0719
October	0.0725	0.0642	0.0658
November	0.0668	0.0410	0.0520
December	0.0421	0.0411	0.0415