2023 MWK to JPY Historical Review

YEARLY HIGH

0.1419 JPY

YEARLY LOW

0.0836 JPY

YEARLY AVERAGE

0.1266 JPY

2023 MWK to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MWK to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on June 28, valuing the pair at 0.1419. Conversely, the yearly low was recorded on December 30, dropping to 0.0836.

This high-to-low spread represents a total annual volatility of 0.0583 JPY. From a start-to-finish perspective, comparing the January average rate of 0.1272 to the December average rate of 0.0853, the exchange rate registered a net change of -32.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1419 was down 12.34% compared to the 2022 peak of 0.1619, 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 710 JPY

2022 Average 708 JPY

Yearly Trough Low 418 JPY

Transaction Impact: A difference of 291.62 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1432

0.0800

JanuMarcMayJulySeptNove

MWK to JPY 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 0.1316, compared to 0.1216 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0100 points.

H1 Avg (Jan–Jun) 0.1316

H2 Avg (Jul–Dec) 0.1216

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0486 JPY (High: 0.1360 / Low: 0.0874). On the other end, December was the most stable month, with a tight range of 0.0038 JPY (High: 0.0875 / Low: 0.0836).

November Spread (Volatile) ±0.0486

December Spread (Stable) ±0.0038

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0232 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0232

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.1379) against the same month in 2022 (average: 0.1377), the exchange rate shifted by +0.0003 (+0.20%).

2023 Avg (June) 0.1379

2022 Avg (June) 0.1377

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1300	0.1249	0.1272
February	0.1330	0.1252	0.1298
March	0.1351	0.1264	0.1301
April	0.1343	0.1277	0.1304
May	0.1375	0.1305	0.1339
June	0.1419	0.1352	0.1379
July	0.1380	0.1312	0.1343
August	0.1365	0.1323	0.1347
September	0.1407	0.1329	0.1363
October	0.1386	0.1281	0.1304
November	0.1360	0.0874	0.1085
December	0.0875	0.0836	0.0853