2023 MWK to PEN Historical Review

YEARLY HIGH

0.0038 PEN

YEARLY LOW

0.0022 PEN

YEARLY AVERAGE

0.0034 PEN

2023 MWK to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MWK to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 26, valuing the pair at 0.0038. Conversely, the yearly low was recorded on December 27, dropping to 0.0022.

This high-to-low spread represents a total annual volatility of 0.0016 PEN. From a start-to-finish perspective, comparing the January average rate of 0.0037 to the December average rate of 0.0022, the exchange rate registered a net change of -40.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0038 was down 22.39% compared to the 2022 peak of 0.0049, 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 19 PEN

2022 Average 21 PEN

Yearly Trough Low 11 PEN

Transaction Impact: A difference of 8.05 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0039

0.0021

JanuMarcMayJulySeptNove

MWK to PEN 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 0.0037, compared to 0.0031 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0037

H2 Avg (Jul–Dec) 0.0031

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0012 PEN (High: 0.0034 / Low: 0.0022). On the other end, December was the most stable month, with a tight range of 0.0001 PEN (High: 0.0022 / Low: 0.0022).

November Spread (Volatile) ±0.0012

December Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between July and September, 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 0.0006 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0037) against the same month in 2022 (average: 0.0048), the exchange rate shifted by -0.0010 (-21.68%).

2023 Avg (January) 0.0037

2022 Avg (January) 0.0048

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0038	0.0037	0.0037
February	0.0038	0.0037	0.0037
March	0.0037	0.0036	0.0037
April	0.0037	0.0036	0.0037
May	0.0036	0.0036	0.0036
June	0.0036	0.0034	0.0036
July	0.0035	0.0034	0.0034
August	0.0035	0.0034	0.0034
September	0.0035	0.0033	0.0034
October	0.0035	0.0033	0.0033
November	0.0034	0.0022	0.0027
December	0.0022	0.0022	0.0022