YEARLY HIGH
0.8895 KPW
YEARLY LOW
0.5318 KPW
YEARLY AVERAGE
0.8134 KPW

2023 MWK to KPW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MWK to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on March 10, valuing the pair at 0.8895. Conversely, the yearly low was recorded on December 17, dropping to 0.5318.

This high-to-low spread represents a total annual volatility of 0.3577 KPW. From a start-to-finish perspective, comparing the January average rate of 0.8796 to the December average rate of 0.5343, the exchange rate registered a net change of -39.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8895 was down 21.16% compared to the 2022 peak of 1.1282, 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 4,448 KPW
2022 Average 4,884 KPW
Yearly Trough Low 2,659 KPW
Transaction Impact: A difference of 1,788.71 KPW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.9142
0.4998
JanuMarcMayJulySeptNove

MWK to KPW 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 0.8780, compared to 0.7488 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1292 points.

H1 Avg (Jan–Jun) 0.8780
H2 Avg (Jul–Dec) 0.7488

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.2731 KPW (High: 0.8074 / Low: 0.5343). On the other end, December was the most stable month, with a tight range of 0.0034 KPW (High: 0.5351 / Low: 0.5318).

November Spread (Volatile) ±0.2731
December Spread (Stable) ±0.0034

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 0.1335 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.1335

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.8766) against the same month in 2022 (average: 1.1094), the exchange rate shifted by -0.2327 (-20.98%).

2023 Avg (March) 0.8766
2022 Avg (March) 1.1094

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8884 0.8758 0.8796
February 0.8847 0.8688 0.8769
March 0.8895 0.8578 0.8766
April 0.8860 0.8759 0.8786
May 0.8811 0.8744 0.8778
June 0.8889 0.8542 0.8784
July 0.8612 0.8539 0.8561
August 0.8623 0.8247 0.8371
September 0.8573 0.8104 0.8300
October 0.8321 0.7759 0.7845
November 0.8074 0.5343 0.6510
December 0.5351 0.5318 0.5343