2023 MWK to RUB Historical Review

YEARLY HIGH

0.0932 RUB

YEARLY LOW

0.0524 RUB

YEARLY AVERAGE

0.0767 RUB

2023 MWK to RUB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MWK to RUB exchange rate experienced significant fluctuation. The market reached its absolute peak on September 6, valuing the pair at 0.0932. Conversely, the yearly low was recorded on November 23, dropping to 0.0524.

This high-to-low spread represents a total annual volatility of 0.0408 RUB. From a start-to-finish perspective, comparing the January average rate of 0.0684 to the December average rate of 0.0541, the exchange rate registered a net change of -20.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0932 was down 47.54% compared to the 2022 peak of 0.1776, 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 466 RUB

2022 Average 386 RUB

Yearly Trough Low 262 RUB

Transaction Impact: A difference of 203.76 RUB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0927

0.0505

JanuMarcMayJulySeptNove

MWK to RUB 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 0.0753, compared to 0.0782 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0028 points.

H1 Avg (Jan–Jun) 0.0753

H2 Avg (Jul–Dec) 0.0782

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0306 RUB (High: 0.0830 / Low: 0.0524). On the other end, December was the most stable month, with a tight range of 0.0026 RUB (High: 0.0552 / Low: 0.0526).

November Spread (Volatile) ±0.0306

December Spread (Stable) ±0.0026

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0189 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0189

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.0892) against the same month in 2022 (average: 0.0587), the exchange rate shifted by +0.0305 (+51.88%).

2023 Avg (September) 0.0892

2022 Avg (September) 0.0587

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0718	0.0645	0.0684
February	0.0741	0.0681	0.0716
March	0.0758	0.0715	0.0744
April	0.0806	0.0758	0.0791
May	0.0794	0.0741	0.0772
June	0.0845	0.0787	0.0814
July	0.0877	0.0840	0.0862
August	0.0921	0.0865	0.0891
September	0.0932	0.0862	0.0892
October	0.0915	0.0814	0.0846
November	0.0830	0.0524	0.0658
December	0.0552	0.0526	0.0541