YEARLY HIGH
0.0048 LYD
YEARLY LOW
0.0028 LYD
YEARLY AVERAGE
0.0043 LYD

2023 MWK to LYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MWK to LYD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 9, valuing the pair at 0.0048. Conversely, the yearly low was recorded on December 30, dropping to 0.0028.

This high-to-low spread represents a total annual volatility of 0.0019 LYD. From a start-to-finish perspective, comparing the January average rate of 0.0047 to the December average rate of 0.0029, the exchange rate registered a net change of -38.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0048 was down 19.34% compared to the 2022 peak of 0.0059, 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 24 LYD
2022 Average 26 LYD
Yearly Trough Low 14 LYD
Transaction Impact: A difference of 9.70 LYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0049
0.0027
JanuMarcMayJulySeptNove

MWK to LYD 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 0.0047, compared to 0.0040 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0047
H2 Avg (Jul–Dec) 0.0040

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0015 LYD (High: 0.0044 / Low: 0.0028). On the other end, December was the most stable month, with a tight range of 0.0000 LYD (High: 0.0029 / Low: 0.0028).

November Spread (Volatile) ±0.0015
December Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0008 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0047) against the same month in 2022 (average: 0.0057), the exchange rate shifted by -0.0011 (-18.33%).

2023 Avg (March) 0.0047
2022 Avg (March) 0.0057

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0047 0.0046 0.0047
February 0.0047 0.0046 0.0047
March 0.0048 0.0046 0.0047
April 0.0047 0.0046 0.0046
May 0.0047 0.0046 0.0047
June 0.0047 0.0046 0.0047
July 0.0046 0.0045 0.0045
August 0.0046 0.0044 0.0045
September 0.0046 0.0044 0.0045
October 0.0045 0.0042 0.0043
November 0.0044 0.0028 0.0035
December 0.0029 0.0028 0.0029