YEARLY HIGH
0.0086 SVC
YEARLY LOW
0.0052 SVC
YEARLY AVERAGE
0.0079 SVC

2023 MWK to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MWK to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 0.0086. Conversely, the yearly low was recorded on November 24, dropping to 0.0052.

This high-to-low spread represents a total annual volatility of 0.0034 SVC. From a start-to-finish perspective, comparing the January average rate of 0.0086 to the December average rate of 0.0052, the exchange rate registered a net change of -39.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0086 was down 21.08% compared to the 2022 peak of 0.0109, 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 43 SVC
2022 Average 47 SVC
Yearly Trough Low 26 SVC
Transaction Impact: A difference of 17.21 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0089
0.0049
JanuMarcMayJulySeptNove

MWK to SVC 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 0.0085, compared to 0.0073 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0085
H2 Avg (Jul–Dec) 0.0073

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0027 SVC (High: 0.0079 / Low: 0.0052). On the other end, December was the most stable month, with a tight range of 0.0000 SVC (High: 0.0052 / Low: 0.0052).

November Spread (Volatile) ±0.0027
December Spread (Stable) ±0.0000

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 0.0013 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0086) against the same month in 2022 (average: 0.0107), the exchange rate shifted by -0.0022 (-20.22%).

2023 Avg (January) 0.0086
2022 Avg (January) 0.0107

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0086 0.0085 0.0086
February 0.0086 0.0084 0.0085
March 0.0086 0.0083 0.0085
April 0.0086 0.0085 0.0085
May 0.0086 0.0085 0.0085
June 0.0086 0.0083 0.0085
July 0.0084 0.0083 0.0083
August 0.0084 0.0080 0.0081
September 0.0083 0.0079 0.0081
October 0.0081 0.0075 0.0076
November 0.0079 0.0052 0.0063
December 0.0052 0.0052 0.0052