2023 MWK to THB Historical Review

YEARLY HIGH

0.0350 THB

YEARLY LOW

0.0203 THB

YEARLY AVERAGE

0.0314 THB

2023 MWK to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MWK to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on June 28, valuing the pair at 0.0350. Conversely, the yearly low was recorded on December 29, dropping to 0.0203.

This high-to-low spread represents a total annual volatility of 0.0147 THB. From a start-to-finish perspective, comparing the January average rate of 0.0325 to the December average rate of 0.0207, the exchange rate registered a net change of -36.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0350 was down 17.81% compared to the 2022 peak of 0.0426, 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 175 THB

2022 Average 189 THB

Yearly Trough Low 102 THB

Transaction Impact: A difference of 73.39 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0354

0.0194

JanuMarcMayJulySeptNove

MWK to THB 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 0.0333, compared to 0.0295 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0039 points.

H1 Avg (Jan–Jun) 0.0333

H2 Avg (Jul–Dec) 0.0295

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0118 THB (High: 0.0324 / Low: 0.0206). On the other end, April was the most stable month, with a tight range of 0.0006 THB (High: 0.0336 / Low: 0.0331).

November Spread (Volatile) ±0.0118

April Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0061 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0061

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.0340) against the same month in 2022 (average: 0.0359), the exchange rate shifted by -0.0018 (-5.15%).

2023 Avg (June) 0.0340

2022 Avg (June) 0.0359

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0337	0.0319	0.0325
February	0.0343	0.0319	0.0332
March	0.0345	0.0324	0.0335
April	0.0336	0.0331	0.0334
May	0.0339	0.0328	0.0333
June	0.0350	0.0335	0.0340
July	0.0337	0.0323	0.0329
August	0.0334	0.0322	0.0326
September	0.0339	0.0321	0.0330
October	0.0342	0.0313	0.0318
November	0.0324	0.0206	0.0257
December	0.0212	0.0203	0.0207