2023 MWK to SDG Historical Review

YEARLY HIGH

0.5941 SDG

YEARLY LOW

0.3243 SDG

YEARLY AVERAGE

0.5386 SDG

2023 MWK to SDG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MWK to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on June 25, valuing the pair at 0.5941. Conversely, the yearly low was recorded on November 20, dropping to 0.3243.

This high-to-low spread represents a total annual volatility of 0.2697 SDG. From a start-to-finish perspective, comparing the January average rate of 0.5638 to the December average rate of 0.3568, the exchange rate registered a net change of -36.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5941 was up 4.23% compared to the 2022 peak of 0.5700, 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 2,970 SDG

2022 Average 2,679 SDG

Yearly Trough Low 1,622 SDG

Transaction Impact: A difference of 1,348.62 SDG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6098

0.3338

JanuMarcMayJulySeptNove

MWK to SDG 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 0.5774, compared to 0.4999 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0775 points.

H1 Avg (Jan–Jun) 0.5774

H2 Avg (Jul–Dec) 0.4999

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.2148 SDG (High: 0.5391 / Low: 0.3243). On the other end, December was the most stable month, with a tight range of 0.0022 SDG (High: 0.3573 / Low: 0.3551).

November Spread (Volatile) ±0.2148

December Spread (Stable) ±0.0022

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0907 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0907

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.5868) against the same month in 2022 (average: 0.4689), the exchange rate shifted by +0.1179 (+25.15%).

2023 Avg (June) 0.5868

2022 Avg (June) 0.4689

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5734	0.5570	0.5638
February	0.5751	0.5633	0.5706
March	0.5866	0.5534	0.5744
April	0.5902	0.5576	0.5837
May	0.5879	0.5828	0.5853
June	0.5941	0.5709	0.5868
July	0.5747	0.5700	0.5717
August	0.5763	0.5512	0.5593
September	0.5729	0.5407	0.5545
October	0.5556	0.5177	0.5238
November	0.5391	0.3243	0.4332
December	0.3573	0.3551	0.3568