YEARLY HIGH
0.0188 MDL
YEARLY LOW
0.0103 MDL
YEARLY AVERAGE
0.0164 MDL

2023 MWK to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MWK to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.0188. Conversely, the yearly low was recorded on December 29, dropping to 0.0103.

This high-to-low spread represents a total annual volatility of 0.0085 MDL. From a start-to-finish perspective, comparing the January average rate of 0.0186 to the December average rate of 0.0105, the exchange rate registered a net change of -43.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0188 was down 19.77% compared to the 2022 peak of 0.0234, 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 94 MDL
2022 Average 102 MDL
Yearly Trough Low 51 MDL
Transaction Impact: A difference of 42.42 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0194
0.0096
JanuMarcMayJulySeptNove

MWK to MDL 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 0.0179, compared to 0.0149 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0030 points.

H1 Avg (Jan–Jun) 0.0179
H2 Avg (Jul–Dec) 0.0149

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0056 MDL (High: 0.0161 / Low: 0.0105). On the other end, May was the most stable month, with a tight range of 0.0003 MDL (High: 0.0175 / Low: 0.0172).

November Spread (Volatile) ±0.0056
May Spread (Stable) ±0.0003

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 0.0029 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0029

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0186) against the same month in 2022 (average: 0.0220), the exchange rate shifted by -0.0034 (-15.47%).

2023 Avg (January) 0.0186
2022 Avg (January) 0.0220

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0188 0.0182 0.0186
February 0.0185 0.0181 0.0183
March 0.0185 0.0177 0.0181
April 0.0179 0.0174 0.0176
May 0.0175 0.0172 0.0173
June 0.0179 0.0173 0.0175
July 0.0175 0.0164 0.0170
August 0.0169 0.0162 0.0164
September 0.0170 0.0161 0.0166
October 0.0169 0.0155 0.0158
November 0.0161 0.0105 0.0129
December 0.0107 0.0103 0.0105