2023 MWK to NZD Historical Review

YEARLY HIGH

0.0016 NZD

YEARLY LOW

0.0009 NZD

YEARLY AVERAGE

0.0015 NZD

2023 MWK to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MWK to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 6, valuing the pair at 0.0016. Conversely, the yearly low was recorded on December 27, dropping to 0.0009.

This high-to-low spread represents a total annual volatility of 0.0007 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0015 to the December average rate of 0.0010, the exchange rate registered a net change of -37.53% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0016 was down 17.26% compared to the 2022 peak of 0.0020, 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 8 NZD

2022 Average 9 NZD

Yearly Trough Low 5 NZD

Transaction Impact: A difference of 3.43 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0017

0.0009

JanuMarcMayJulySeptNove

MWK to NZD 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 0.0016, compared to 0.0014 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0016

H2 Avg (Jul–Dec) 0.0014

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0006 NZD (High: 0.0015 / Low: 0.0010). On the other end, December was the most stable month, with a tight range of 0.0000 NZD (High: 0.0010 / Low: 0.0009).

November Spread (Volatile) ±0.0006

December Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0003 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.0016) against the same month in 2022 (average: 0.0016), the exchange rate shifted by -0.0001 (-5.45%).

2023 Avg (September) 0.0016

2022 Avg (September) 0.0016

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0016	0.0015	0.0015
February	0.0016	0.0015	0.0016
March	0.0016	0.0015	0.0016
April	0.0016	0.0015	0.0016
May	0.0016	0.0015	0.0016
June	0.0016	0.0015	0.0016
July	0.0016	0.0015	0.0015
August	0.0016	0.0015	0.0016
September	0.0016	0.0015	0.0016
October	0.0016	0.0014	0.0015
November	0.0015	0.0010	0.0012
December	0.0010	0.0009	0.0010