2023 MWK to DKK Historical Review

YEARLY HIGH

0.0069 DKK

YEARLY LOW

0.0040 DKK

YEARLY AVERAGE

0.0062 DKK

2023 MWK to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MWK to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 0.0069. Conversely, the yearly low was recorded on December 27, dropping to 0.0040.

This high-to-low spread represents a total annual volatility of 0.0029 DKK. From a start-to-finish perspective, comparing the January average rate of 0.0067 to the December average rate of 0.0041, the exchange rate registered a net change of -39.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0069 was down 20.98% compared to the 2022 peak of 0.0088, 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 35 DKK

2022 Average 38 DKK

Yearly Trough Low 20 DKK

Transaction Impact: A difference of 14.75 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0071

0.0038

JanuMarcMayJulySeptNove

MWK to DKK 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 0.0067, compared to 0.0057 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0067

H2 Avg (Jul–Dec) 0.0057

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0022 DKK (High: 0.0063 / Low: 0.0040). On the other end, December was the most stable month, with a tight range of 0.0001 DKK (High: 0.0041 / Low: 0.0040).

November Spread (Volatile) ±0.0022

December Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0012 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0068) against the same month in 2022 (average: 0.0083), the exchange rate shifted by -0.0016 (-18.71%).

2023 Avg (March) 0.0068

2022 Avg (March) 0.0083

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0069	0.0067	0.0067
February	0.0069	0.0066	0.0068
March	0.0069	0.0066	0.0068
April	0.0067	0.0066	0.0066
May	0.0068	0.0066	0.0067
June	0.0068	0.0065	0.0067
July	0.0065	0.0063	0.0064
August	0.0065	0.0063	0.0064
September	0.0066	0.0063	0.0064
October	0.0066	0.0061	0.0062
November	0.0063	0.0040	0.0050
December	0.0041	0.0040	0.0041