2023 MWK to LAK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 MWK to LAK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the MWK to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 18.8610. Conversely, the yearly low was recorded on December 29, dropping to 12.2000.
This high-to-low spread represents a total annual volatility of 6.6609 LAK. From a start-to-finish perspective, comparing the January average rate of 16.6050 to the December average rate of 12.2619, the exchange rate registered a net change of -26.16% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 18.8610 was up 4.68% compared to the 2022 peak of 18.0176, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MWK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
MWK to LAK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 16.8799, compared to 16.6356 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2443 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was November, with a trading range of 6.3329 LAK (High: 18.6193 / Low: 12.2864). On the other end, February was the most stable month, with a tight range of 0.0973 LAK (High: 16.4937 / Low: 16.3963).
Growth Streaks & Declines
TrendsBetween March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 2.9879 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2023: 18.3742) against the same month in 2022 (average: 15.5293), the exchange rate shifted by +2.8450 (+18.32%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 16.9465 | 16.3942 | 16.6050 |
| February | 16.4937 | 16.3963 | 16.4422 |
| March | 16.6446 | 16.0749 | 16.4372 |
| April | 16.8841 | 16.5513 | 16.7369 |
| May | 17.3334 | 16.8516 | 17.1191 |
| June | 18.6380 | 17.2759 | 17.9388 |
| July | 18.3530 | 17.8364 | 18.1735 |
| August | 18.5890 | 17.8505 | 18.0823 |
| September | 18.8610 | 17.9209 | 18.3742 |
| October | 18.8490 | 17.6578 | 17.9549 |
| November | 18.6193 | 12.2864 | 14.9669 |
| December | 12.3334 | 12.2000 | 12.2619 |