2023 MWK to GMD Historical Review

YEARLY HIGH

0.0615 GMD

YEARLY LOW

0.0396 GMD

YEARLY AVERAGE

0.0560 GMD

2023 MWK to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MWK to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 0.0615. Conversely, the yearly low was recorded on December 17, dropping to 0.0396.

This high-to-low spread represents a total annual volatility of 0.0219 GMD. From a start-to-finish perspective, comparing the January average rate of 0.0606 to the December average rate of 0.0400, the exchange rate registered a net change of -34.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0615 was down 8.04% compared to the 2022 peak of 0.0669, 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 307 GMD

2022 Average 300 GMD

Yearly Trough Low 198 GMD

Transaction Impact: A difference of 109.59 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0627

0.0379

JanuMarcMayJulySeptNove

MWK to GMD 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 0.0594, compared to 0.0526 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0068 points.

H1 Avg (Jan–Jun) 0.0594

H2 Avg (Jul–Dec) 0.0526

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0204 GMD (High: 0.0604 / Low: 0.0399). On the other end, July was the most stable month, with a tight range of 0.0005 GMD (High: 0.0570 / Low: 0.0565).

November Spread (Volatile) ±0.0204

July Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between February and April, 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 0.0089 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0089

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0606) against the same month in 2022 (average: 0.0647), the exchange rate shifted by -0.0041 (-6.31%).

2023 Avg (January) 0.0606

2022 Avg (January) 0.0647

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0615	0.0600	0.0606
February	0.0601	0.0589	0.0595
March	0.0608	0.0586	0.0598
April	0.0611	0.0584	0.0604
May	0.0589	0.0580	0.0583
June	0.0588	0.0565	0.0581
July	0.0570	0.0565	0.0567
August	0.0579	0.0554	0.0563
September	0.0602	0.0550	0.0570
October	0.0606	0.0560	0.0572
November	0.0604	0.0399	0.0483
December	0.0401	0.0396	0.0400