2023 MWK to ARS Historical Review

YEARLY HIGH

0.4818 ARS

YEARLY LOW

0.1722 ARS

YEARLY AVERAGE

0.2541 ARS

2023 MWK to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MWK to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.4818. Conversely, the yearly low was recorded on January 1, dropping to 0.1722.

This high-to-low spread represents a total annual volatility of 0.3096 ARS. From a start-to-finish perspective, comparing the January average rate of 0.1779 to the December average rate of 0.3751, the exchange rate registered a net change of 110.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4818 was up 178.39% compared to the 2022 peak of 0.1731, 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 2,409 ARS

2022 Average 698 ARS

Yearly Trough Low 861 ARS

Transaction Impact: A difference of 1,548.02 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3949

0.1582

JanuMarcMayJulySeptNove

MWK to ARS 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 0.2066, compared to 0.3016 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0950 points.

H1 Avg (Jan–Jun) 0.2066

H2 Avg (Jul–Dec) 0.3016

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.2676 ARS (High: 0.4818 / Low: 0.2142). On the other end, January was the most stable month, with a tight range of 0.0098 ARS (High: 0.1821 / Low: 0.1722).

December Spread (Volatile) ±0.2676

January Spread (Stable) ±0.0098

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0500 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0500

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.3751) against the same month in 2022 (average: 0.1681), the exchange rate shifted by +0.2071 (+123.19%).

2023 Avg (December) 0.3751

2022 Avg (December) 0.1681

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1821	0.1722	0.1779
February	0.1920	0.1812	0.1869
March	0.2038	0.1913	0.1973
April	0.2180	0.2038	0.2101
May	0.2337	0.2169	0.2251
June	0.2515	0.2341	0.2422
July	0.2614	0.2436	0.2527
August	0.3257	0.2622	0.2987
September	0.3333	0.3152	0.3227
October	0.3246	0.3017	0.3051
November	0.3139	0.2081	0.2551
December	0.4818	0.2142	0.3751