YEARLY HIGH
0.0009 EUR
YEARLY LOW
0.0005 EUR
YEARLY AVERAGE
0.0008 EUR

2023 MWK to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MWK to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 0.0009. Conversely, the yearly low was recorded on December 27, dropping to 0.0005.

This high-to-low spread represents a total annual volatility of 0.0004 EUR. From a start-to-finish perspective, comparing the January average rate of 0.0009 to the December average rate of 0.0005, the exchange rate registered a net change of -40.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0009 was down 21.01% compared to the 2022 peak of 0.0012, 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 5 EUR
2022 Average 5 EUR
Yearly Trough Low 3 EUR
Transaction Impact: A difference of 1.99 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0009
0.0005
JanuMarcMayJulySeptNove

MWK to EUR 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 0.0009, compared to 0.0008 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0009
H2 Avg (Jul–Dec) 0.0008

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0003 EUR (High: 0.0008 / Low: 0.0005). On the other end, December was the most stable month, with a tight range of 0.0000 EUR (High: 0.0006 / Low: 0.0005).

November Spread (Volatile) ±0.0003
December Spread (Stable) ±0.0000

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 0.0002 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0009) against the same month in 2022 (average: 0.0011), the exchange rate shifted by -0.0002 (-18.83%).

2023 Avg (March) 0.0009
2022 Avg (March) 0.0011

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0009 0.0009 0.0009
February 0.0009 0.0009 0.0009
March 0.0009 0.0009 0.0009
April 0.0009 0.0009 0.0009
May 0.0009 0.0009 0.0009
June 0.0009 0.0009 0.0009
July 0.0009 0.0008 0.0009
August 0.0009 0.0008 0.0009
September 0.0009 0.0008 0.0009
October 0.0009 0.0008 0.0008
November 0.0008 0.0005 0.0007
December 0.0006 0.0005 0.0005