YEARLY HIGH
0.0008 GBP
YEARLY LOW
0.0005 GBP
YEARLY AVERAGE
0.0007 GBP

2023 MWK to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MWK to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 0.0008. 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 GBP. From a start-to-finish perspective, comparing the January average rate of 0.0008 to the December average rate of 0.0005, the exchange rate registered a net change of -41.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0008 was down 17.15% compared to the 2022 peak of 0.0010, 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 4 GBP
2022 Average 4 GBP
Yearly Trough Low 2 GBP
Transaction Impact: A difference of 1.84 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0008
0.0004
JanuMarcMayJulySeptNove

MWK to GBP 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 0.0008, compared to 0.0007 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) 0.0008
H2 Avg (Jul–Dec) 0.0007

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0003 GBP (High: 0.0007 / Low: 0.0005). On the other end, December was the most stable month, with a tight range of 0.0000 GBP (High: 0.0005 / Low: 0.0005).

November Spread (Volatile) ±0.0003
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 0.0001 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0008) against the same month in 2022 (average: 0.0009), the exchange rate shifted by -0.0001 (-14.29%).

2023 Avg (March) 0.0008
2022 Avg (March) 0.0009

Monthly Breakdown

Statistical summary for each calendar month.

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