2023 MWK to CAD Historical Review

YEARLY HIGH

0.0014 CAD

YEARLY LOW

0.0008 CAD

YEARLY AVERAGE

0.0012 CAD

2023 MWK to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MWK to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 10, valuing the pair at 0.0014. Conversely, the yearly low was recorded on December 27, dropping to 0.0008.

This high-to-low spread represents a total annual volatility of 0.0006 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0013 to the December average rate of 0.0008, the exchange rate registered a net change of -39.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0014 was down 14.47% compared to the 2022 peak of 0.0016, 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 7 CAD

2022 Average 7 CAD

Yearly Trough Low 4 CAD

Transaction Impact: A difference of 2.93 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0014

0.0007

JanuMarcMayJulySeptNove

MWK to CAD 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 0.0013, compared to 0.0011 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0013

H2 Avg (Jul–Dec) 0.0011

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0004 CAD (High: 0.0012 / Low: 0.0008). On the other end, December was the most stable month, with a tight range of 0.0000 CAD (High: 0.0008 / Low: 0.0008).

November Spread (Volatile) ±0.0004

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 0.0002 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0013) against the same month in 2022 (average: 0.0016), the exchange rate shifted by -0.0002 (-14.42%).

2023 Avg (March) 0.0013

2022 Avg (March) 0.0016

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0013	0.0013	0.0013
February	0.0013	0.0013	0.0013
March	0.0014	0.0013	0.0013
April	0.0013	0.0013	0.0013
May	0.0013	0.0013	0.0013
June	0.0013	0.0013	0.0013
July	0.0013	0.0012	0.0013
August	0.0013	0.0012	0.0013
September	0.0013	0.0012	0.0012
October	0.0013	0.0012	0.0012
November	0.0012	0.0008	0.0010
December	0.0008	0.0008	0.0008