2023 MWK to INR Historical Review

YEARLY HIGH

0.0814 INR

YEARLY LOW

0.0491 INR

YEARLY AVERAGE

0.0746 INR

2023 MWK to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MWK to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 18, valuing the pair at 0.0814. Conversely, the yearly low was recorded on December 16, dropping to 0.0491.

This high-to-low spread represents a total annual volatility of 0.0323 INR. From a start-to-finish perspective, comparing the January average rate of 0.0799 to the December average rate of 0.0494, the exchange rate registered a net change of -38.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0814 was down 15.14% compared to the 2022 peak of 0.0959, 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 407 INR

2022 Average 425 INR

Yearly Trough Low 245 INR

Transaction Impact: A difference of 161.72 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0836

0.0463

JanuMarcMayJulySeptNove

MWK to INR 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 0.0802, compared to 0.0690 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0112 points.

H1 Avg (Jan–Jun) 0.0802

H2 Avg (Jul–Dec) 0.0690

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0254 INR (High: 0.0747 / Low: 0.0493). On the other end, December was the most stable month, with a tight range of 0.0005 INR (High: 0.0495 / Low: 0.0491).

November Spread (Volatile) ±0.0254

December Spread (Stable) ±0.0005

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 0.0123 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0123

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0805) against the same month in 2022 (average: 0.0930), the exchange rate shifted by -0.0125 (-13.45%).

2023 Avg (February) 0.0805

2022 Avg (February) 0.0930

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0808	0.0792	0.0799
February	0.0814	0.0796	0.0805
March	0.0811	0.0785	0.0801
April	0.0805	0.0795	0.0800
May	0.0811	0.0796	0.0803
June	0.0810	0.0779	0.0802
July	0.0791	0.0777	0.0782
August	0.0793	0.0756	0.0770
September	0.0793	0.0750	0.0766
October	0.0771	0.0718	0.0725
November	0.0747	0.0493	0.0602
December	0.0495	0.0491	0.0494