2023 MWK to DJF Historical Review

YEARLY HIGH

0.1757 DJF

YEARLY LOW

0.1054 DJF

YEARLY AVERAGE

0.1607 DJF

2023 MWK to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MWK to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 0.1757. Conversely, the yearly low was recorded on December 15, dropping to 0.1054.

This high-to-low spread represents a total annual volatility of 0.0703 DJF. From a start-to-finish perspective, comparing the January average rate of 0.1737 to the December average rate of 0.1057, the exchange rate registered a net change of -39.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1757 was down 21.07% compared to the 2022 peak of 0.2225, 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 878 DJF

2022 Average 966 DJF

Yearly Trough Low 527 DJF

Transaction Impact: A difference of 351.49 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1805

0.0989

JanuMarcMayJulySeptNove

MWK to DJF 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 0.1735, compared to 0.1480 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0255 points.

H1 Avg (Jan–Jun) 0.1735

H2 Avg (Jul–Dec) 0.1480

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0541 DJF (High: 0.1595 / Low: 0.1055). On the other end, December was the most stable month, with a tight range of 0.0009 DJF (High: 0.1063 / Low: 0.1054).

November Spread (Volatile) ±0.0541

December Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0266 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0266

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1737) against the same month in 2022 (average: 0.2179), the exchange rate shifted by -0.0442 (-20.28%).

2023 Avg (January) 0.1737

2022 Avg (January) 0.2179

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1757	0.1728	0.1737
February	0.1742	0.1730	0.1734
March	0.1752	0.1695	0.1730
April	0.1745	0.1711	0.1734
May	0.1741	0.1728	0.1735
June	0.1750	0.1686	0.1737
July	0.1695	0.1686	0.1690
August	0.1705	0.1630	0.1655
September	0.1696	0.1603	0.1642
October	0.1648	0.1532	0.1550
November	0.1595	0.1055	0.1285
December	0.1063	0.1054	0.1057