2023 MWK to SRD Historical Review

YEARLY HIGH

0.0377 SRD

YEARLY LOW

0.0218 SRD

YEARLY AVERAGE

0.0330 SRD

2023 MWK to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MWK to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 22, valuing the pair at 0.0377. Conversely, the yearly low was recorded on December 30, dropping to 0.0218.

This high-to-low spread represents a total annual volatility of 0.0159 SRD. From a start-to-finish perspective, comparing the January average rate of 0.0311 to the December average rate of 0.0222, the exchange rate registered a net change of -28.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0377 was up 20.53% compared to the 2022 peak of 0.0312, 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 188 SRD

2022 Average 130 SRD

Yearly Trough Low 109 SRD

Transaction Impact: A difference of 79.33 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0383

0.0207

JanuMarcMayJulySeptNove

MWK to SRD 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 0.0343, compared to 0.0317 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0026 points.

H1 Avg (Jan–Jun) 0.0343

H2 Avg (Jul–Dec) 0.0317

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0117 SRD (High: 0.0342 / Low: 0.0224). On the other end, December was the most stable month, with a tight range of 0.0007 SRD (High: 0.0225 / Low: 0.0218).

November Spread (Volatile) ±0.0117

December Spread (Stable) ±0.0007

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 0.0058 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0058

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.0368) against the same month in 2022 (average: 0.0224), the exchange rate shifted by +0.0144 (+64.36%).

2023 Avg (June) 0.0368

2022 Avg (June) 0.0224

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0318	0.0308	0.0311
February	0.0330	0.0312	0.0320
March	0.0353	0.0324	0.0337
April	0.0367	0.0349	0.0359
May	0.0369	0.0361	0.0364
June	0.0377	0.0357	0.0368
July	0.0367	0.0351	0.0361
August	0.0368	0.0350	0.0356
September	0.0366	0.0344	0.0353
October	0.0354	0.0328	0.0333
November	0.0342	0.0224	0.0275
December	0.0225	0.0218	0.0222