YEARLY HIGH
15.0023 LBP
YEARLY LOW
1.4689 LBP
YEARLY AVERAGE
12.3191 LBP

2023 MWK to LBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MWK to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 15.0023. Conversely, the yearly low was recorded on February 1, dropping to 1.4689.

This high-to-low spread represents a total annual volatility of 13.5334 LBP. From a start-to-finish perspective, comparing the January average rate of 1.4816 to the December average rate of 8.9348, the exchange rate registered a net change of 503.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 15.0023 was up 684.49% compared to the 2022 peak of 1.9124, 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 75,011 LBP
2022 Average 8,224 LBP
Yearly Trough Low 7,345 LBP
Transaction Impact: A difference of 67,666.79 LBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

16.0871
0.1538
JanuMarcMayJulySeptNove

MWK to LBP 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 12.1217, compared to 12.5164 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3948 points.

H1 Avg (Jan–Jun) 12.1217
H2 Avg (Jul–Dec) 12.5164

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 13.5334 LBP (High: 15.0023 / Low: 1.4689). On the other end, January was the most stable month, with a tight range of 0.0277 LBP (High: 1.4998 / Low: 1.4721).

February Spread (Volatile) ±13.5334
January Spread (Stable) ±0.0277

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 2.2413 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -2.2413

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 12.3553) against the same month in 2022 (average: 1.8785), the exchange rate shifted by +10.4768 (+557.72%).

2023 Avg (February) 12.3553
2022 Avg (February) 1.8785

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.4998 1.4721 1.4816
February 15.0023 1.4689 12.3553
March 14.9927 14.3361 14.6835
April 14.9218 14.6229 14.7368
May 14.9144 14.6221 14.7136
June 14.9926 14.2791 14.7593
July 14.5816 14.2389 14.3301
August 14.5357 13.7496 14.0063
September 14.4466 13.5378 13.8820
October 13.9070 12.9524 13.0933
November 13.4907 8.9217 10.8521
December 8.9689 8.9191 8.9348