YEARLY HIGH
0.1789 LRD
YEARLY LOW
0.1108 LRD
YEARLY AVERAGE
0.1569 LRD

2023 MWK to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MWK to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 6, valuing the pair at 0.1789. Conversely, the yearly low was recorded on December 17, dropping to 0.1108.

This high-to-low spread represents a total annual volatility of 0.0681 LRD. From a start-to-finish perspective, comparing the January average rate of 0.1519 to the December average rate of 0.1117, the exchange rate registered a net change of -26.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1789 was down 7.46% compared to the 2022 peak of 0.1933, 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 894 LRD
2022 Average 829 LRD
Yearly Trough Low 554 LRD
Transaction Impact: A difference of 340.29 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1810
0.1054
JanuMarcMayJulySeptNove

MWK to LRD 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 0.1587, compared to 0.1551 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0036 points.

H1 Avg (Jan–Jun) 0.1587
H2 Avg (Jul–Dec) 0.1551

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0569 LRD (High: 0.1684 / Low: 0.1116). On the other end, December was the most stable month, with a tight range of 0.0012 LRD (High: 0.1121 / Low: 0.1108).

November Spread (Volatile) ±0.0569
December Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0271 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0271

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.1733) against the same month in 2022 (average: 0.1499), the exchange rate shifted by +0.0234 (+15.60%).

2023 Avg (August) 0.1733
2022 Avg (August) 0.1499

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1540 0.1506 0.1519
February 0.1548 0.1489 0.1525
March 0.1587 0.1496 0.1553
April 0.1627 0.1583 0.1592
May 0.1651 0.1611 0.1629
June 0.1769 0.1648 0.1704
July 0.1771 0.1713 0.1747
August 0.1789 0.1704 0.1733
September 0.1775 0.1677 0.1718
October 0.1727 0.1610 0.1629
November 0.1684 0.1116 0.1358
December 0.1121 0.1108 0.1117