YEARLY HIGH
0.0018 ANG
YEARLY LOW
0.0011 ANG
YEARLY AVERAGE
0.0016 ANG

2023 MWK to ANG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MWK to ANG exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 0.0018. Conversely, the yearly low was recorded on November 24, dropping to 0.0011.

This high-to-low spread represents a total annual volatility of 0.0007 ANG. From a start-to-finish perspective, comparing the January average rate of 0.0018 to the December average rate of 0.0011, the exchange rate registered a net change of -39.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0018 was down 21.10% compared to the 2022 peak of 0.0023, 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 9 ANG
2022 Average 10 ANG
Yearly Trough Low 5 ANG
Transaction Impact: A difference of 3.54 ANG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0018
0.0010
JanuMarcMayJulySeptNove

MWK to ANG 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 0.0018, compared to 0.0015 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0018
H2 Avg (Jul–Dec) 0.0015

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0005 ANG (High: 0.0016 / Low: 0.0011). On the other end, December was the most stable month, with a tight range of 0.0000 ANG (High: 0.0011 / Low: 0.0011).

November Spread (Volatile) ±0.0005
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 0.0003 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0018) against the same month in 2022 (average: 0.0022), the exchange rate shifted by -0.0004 (-20.15%).

2023 Avg (January) 0.0018
2022 Avg (January) 0.0022

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0018 0.0018 0.0018
February 0.0018 0.0017 0.0018
March 0.0018 0.0017 0.0018
April 0.0018 0.0018 0.0018
May 0.0018 0.0018 0.0018
June 0.0018 0.0017 0.0018
July 0.0017 0.0017 0.0017
August 0.0017 0.0017 0.0017
September 0.0017 0.0016 0.0017
October 0.0017 0.0016 0.0016
November 0.0016 0.0011 0.0013
December 0.0011 0.0011 0.0011