YEARLY HIGH
0.0053 BRL
YEARLY LOW
0.0029 BRL
YEARLY AVERAGE
0.0045 BRL

2023 MWK to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MWK to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0053. Conversely, the yearly low was recorded on December 26, dropping to 0.0029.

This high-to-low spread represents a total annual volatility of 0.0025 BRL. From a start-to-finish perspective, comparing the January average rate of 0.0051 to the December average rate of 0.0029, the exchange rate registered a net change of -42.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0053 was down 23.61% compared to the 2022 peak of 0.0070, 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 27 BRL
2022 Average 28 BRL
Yearly Trough Low 14 BRL
Transaction Impact: A difference of 12.41 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0053
0.0027
JanuMarcMayJulySeptNove

MWK to BRL 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 0.0049, compared to 0.0041 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0049
H2 Avg (Jul–Dec) 0.0041

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0015 BRL (High: 0.0044 / Low: 0.0029). On the other end, December was the most stable month, with a tight range of 0.0001 BRL (High: 0.0029 / Low: 0.0029).

November Spread (Volatile) ±0.0015
December Spread (Stable) ±0.0001

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 0.0009 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0051) against the same month in 2022 (average: 0.0068), the exchange rate shifted by -0.0017 (-25.07%).

2023 Avg (January) 0.0051
2022 Avg (January) 0.0068

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0053 0.0049 0.0051
February 0.0052 0.0049 0.0050
March 0.0052 0.0050 0.0051
April 0.0050 0.0048 0.0049
May 0.0049 0.0048 0.0049
June 0.0049 0.0046 0.0047
July 0.0047 0.0045 0.0046
August 0.0047 0.0045 0.0046
September 0.0047 0.0044 0.0046
October 0.0047 0.0043 0.0044
November 0.0044 0.0029 0.0035
December 0.0029 0.0029 0.0029