2023 MWK to NPR Historical Review

YEARLY HIGH

0.1303 NPR

YEARLY LOW

0.0789 NPR

YEARLY AVERAGE

0.1193 NPR

2023 MWK to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MWK to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 18, valuing the pair at 0.1303. Conversely, the yearly low was recorded on December 15, dropping to 0.0789.

This high-to-low spread represents a total annual volatility of 0.0514 NPR. From a start-to-finish perspective, comparing the January average rate of 0.1280 to the December average rate of 0.0791, the exchange rate registered a net change of -38.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1303 was down 14.80% compared to the 2022 peak of 0.1529, 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 651 NPR

2022 Average 680 NPR

Yearly Trough Low 394 NPR

Transaction Impact: A difference of 256.92 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1337

0.0742

JanuMarcMayJulySeptNove

MWK to NPR 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 0.1283, compared to 0.1103 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0179 points.

H1 Avg (Jan–Jun) 0.1283

H2 Avg (Jul–Dec) 0.1103

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0407 NPR (High: 0.1197 / Low: 0.0790). On the other end, December was the most stable month, with a tight range of 0.0006 NPR (High: 0.0795 / Low: 0.0789).

November Spread (Volatile) ±0.0407

December Spread (Stable) ±0.0006

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 0.0197 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0197

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.1288) against the same month in 2022 (average: 0.1487), the exchange rate shifted by -0.0200 (-13.43%).

2023 Avg (February) 0.1288

2022 Avg (February) 0.1487

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1294	0.1267	0.1280
February	0.1303	0.1276	0.1288
March	0.1299	0.1253	0.1281
April	0.1291	0.1272	0.1279
May	0.1295	0.1274	0.1284
June	0.1297	0.1245	0.1283
July	0.1261	0.1242	0.1249
August	0.1267	0.1212	0.1232
September	0.1266	0.1199	0.1225
October	0.1231	0.1148	0.1160
November	0.1197	0.0790	0.0963
December	0.0795	0.0789	0.0791