2023 MWK to TJS Historical Review

YEARLY HIGH

0.0107 TJS

YEARLY LOW

0.0065 TJS

YEARLY AVERAGE

0.0098 TJS

2023 MWK to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MWK to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on June 28, valuing the pair at 0.0107. Conversely, the yearly low was recorded on December 12, dropping to 0.0065.

This high-to-low spread represents a total annual volatility of 0.0043 TJS. From a start-to-finish perspective, comparing the January average rate of 0.0100 to the December average rate of 0.0065, the exchange rate registered a net change of -35.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0107 was down 33.71% compared to the 2022 peak of 0.0162, 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 54 TJS

2022 Average 60 TJS

Yearly Trough Low 32 TJS

Transaction Impact: A difference of 21.32 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0111

0.0061

JanuMarcMayJulySeptNove

MWK to TJS 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 0.0104, compared to 0.0091 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) 0.0104

H2 Avg (Jul–Dec) 0.0091

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0034 TJS (High: 0.0098 / Low: 0.0065). On the other end, December was the most stable month, with a tight range of 0.0000 TJS (High: 0.0065 / Low: 0.0065).

November Spread (Volatile) ±0.0034

December Spread (Stable) ±0.0000

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 0.0017 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.0107) against the same month in 2022 (average: 0.0112), the exchange rate shifted by -0.0005 (-4.83%).

2023 Avg (June) 0.0107

2022 Avg (June) 0.0112

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0101	0.0099	0.0100
February	0.0105	0.0097	0.0101
March	0.0107	0.0098	0.0103
April	0.0107	0.0106	0.0106
May	0.0107	0.0106	0.0106
June	0.0107	0.0104	0.0107
July	0.0104	0.0104	0.0104
August	0.0105	0.0101	0.0102
September	0.0105	0.0099	0.0101
October	0.0102	0.0095	0.0096
November	0.0098	0.0065	0.0079
December	0.0065	0.0065	0.0065