YEARLY HIGH
0.0044 PLN
YEARLY LOW
0.0023 PLN
YEARLY AVERAGE
0.0038 PLN

2023 MWK to PLN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MWK to PLN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 18, valuing the pair at 0.0044. Conversely, the yearly low was recorded on December 27, dropping to 0.0023.

This high-to-low spread represents a total annual volatility of 0.0021 PLN. From a start-to-finish perspective, comparing the January average rate of 0.0042 to the December average rate of 0.0024, the exchange rate registered a net change of -44.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0044 was down 23.35% compared to the 2022 peak of 0.0057, 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 22 PLN
2022 Average 24 PLN
Yearly Trough Low 12 PLN
Transaction Impact: A difference of 10.31 PLN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0045
0.0022
JanuMarcMayJulySeptNove

MWK to PLN 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 0.0042, compared to 0.0034 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0042
H2 Avg (Jul–Dec) 0.0034

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0014 PLN (High: 0.0037 / Low: 0.0023). On the other end, December was the most stable month, with a tight range of 0.0001 PLN (High: 0.0024 / Low: 0.0023).

November Spread (Volatile) ±0.0014
December Spread (Stable) ±0.0001

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 0.0008 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0043) against the same month in 2022 (average: 0.0050), the exchange rate shifted by -0.0007 (-13.48%).

2023 Avg (February) 0.0043
2022 Avg (February) 0.0050

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0043 0.0041 0.0042
February 0.0044 0.0042 0.0043
March 0.0044 0.0042 0.0043
April 0.0042 0.0040 0.0041
May 0.0041 0.0040 0.0041
June 0.0041 0.0039 0.0040
July 0.0039 0.0037 0.0038
August 0.0039 0.0037 0.0038
September 0.0041 0.0038 0.0040
October 0.0041 0.0036 0.0037
November 0.0037 0.0023 0.0030
December 0.0024 0.0023 0.0024