YEARLY HIGH
0.0139 SCR
YEARLY LOW
0.0077 SCR
YEARLY AVERAGE
0.0122 SCR

2023 MWK to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MWK to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 0.0139. Conversely, the yearly low was recorded on December 10, dropping to 0.0077.

This high-to-low spread represents a total annual volatility of 0.0063 SCR. From a start-to-finish perspective, comparing the January average rate of 0.0132 to the December average rate of 0.0080, the exchange rate registered a net change of -39.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0139 was down 24.14% compared to the 2022 peak of 0.0184, 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 70 SCR
2022 Average 74 SCR
Yearly Trough Low 38 SCR
Transaction Impact: A difference of 31.41 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0139
0.0074
JanuMarcMayJulySeptNove

MWK to SCR 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 0.0132, compared to 0.0111 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.0132
H2 Avg (Jul–Dec) 0.0111

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0043 SCR (High: 0.0121 / Low: 0.0077). On the other end, December was the most stable month, with a tight range of 0.0007 SCR (High: 0.0083 / Low: 0.0077).

November Spread (Volatile) ±0.0043
December Spread (Stable) ±0.0007

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 0.0020 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0132) against the same month in 2022 (average: 0.0169), the exchange rate shifted by -0.0036 (-21.57%).

2023 Avg (January) 0.0132
2022 Avg (January) 0.0169

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0139 0.0126 0.0132
February 0.0138 0.0127 0.0132
March 0.0138 0.0125 0.0131
April 0.0137 0.0126 0.0132
May 0.0137 0.0128 0.0132
June 0.0139 0.0125 0.0134
July 0.0135 0.0124 0.0127
August 0.0129 0.0122 0.0124
September 0.0126 0.0115 0.0121
October 0.0128 0.0111 0.0116
November 0.0121 0.0077 0.0097
December 0.0083 0.0077 0.0080