YEARLY HIGH
0.0152 MVR
YEARLY LOW
0.0091 MVR
YEARLY AVERAGE
0.0139 MVR

2023 MWK to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MWK to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 0.0152. Conversely, the yearly low was recorded on November 15, dropping to 0.0091.

This high-to-low spread represents a total annual volatility of 0.0061 MVR. From a start-to-finish perspective, comparing the January average rate of 0.0150 to the December average rate of 0.0091, the exchange rate registered a net change of -39.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0152 was down 21.56% compared to the 2022 peak of 0.0194, 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 76 MVR
2022 Average 84 MVR
Yearly Trough Low 45 MVR
Transaction Impact: A difference of 30.55 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0156
0.0085
JanuMarcMayJulySeptNove

MWK to MVR 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 0.0150, compared to 0.0128 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.0150
H2 Avg (Jul–Dec) 0.0128

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0047 MVR (High: 0.0138 / Low: 0.0091). On the other end, December was the most stable month, with a tight range of 0.0001 MVR (High: 0.0092 / Low: 0.0091).

November Spread (Volatile) ±0.0047
December Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between February and April, 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 0.0023 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0150) against the same month in 2022 (average: 0.0189), the exchange rate shifted by -0.0039 (-20.57%).

2023 Avg (January) 0.0150
2022 Avg (January) 0.0189

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0152 0.0149 0.0150
February 0.0151 0.0148 0.0150
March 0.0152 0.0147 0.0150
April 0.0151 0.0149 0.0150
May 0.0150 0.0149 0.0150
June 0.0151 0.0145 0.0150
July 0.0147 0.0146 0.0146
August 0.0147 0.0141 0.0143
September 0.0147 0.0139 0.0142
October 0.0142 0.0132 0.0134
November 0.0138 0.0091 0.0111
December 0.0092 0.0091 0.0091