YEARLY HIGH
0.0363 UAH
YEARLY LOW
0.0214 UAH
YEARLY AVERAGE
0.0333 UAH

2023 MWK to UAH Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MWK to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on June 28, valuing the pair at 0.0363. Conversely, the yearly low was recorded on November 23, dropping to 0.0214.

This high-to-low spread represents a total annual volatility of 0.0149 UAH. From a start-to-finish perspective, comparing the January average rate of 0.0359 to the December average rate of 0.0221, the exchange rate registered a net change of -38.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0363 was down 2.87% compared to the 2022 peak of 0.0374, 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 182 UAH
2022 Average 175 UAH
Yearly Trough Low 107 UAH
Transaction Impact: A difference of 74.66 UAH purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0374
0.0207
JanuMarcMayJulySeptNove

MWK to UAH 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 0.0359, compared to 0.0306 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0054 points.

H1 Avg (Jan–Jun) 0.0359
H2 Avg (Jul–Dec) 0.0306

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0111 UAH (High: 0.0325 / Low: 0.0214). On the other end, May was the most stable month, with a tight range of 0.0004 UAH (High: 0.0362 / Low: 0.0358).

November Spread (Volatile) ±0.0111
May Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0057 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0057

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.0360) against the same month in 2022 (average: 0.0304), the exchange rate shifted by +0.0057 (+18.75%).

2023 Avg (June) 0.0360
2022 Avg (June) 0.0304

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0363 0.0358 0.0359
February 0.0361 0.0357 0.0359
March 0.0363 0.0351 0.0359
April 0.0363 0.0358 0.0359
May 0.0362 0.0358 0.0360
June 0.0363 0.0350 0.0360
July 0.0353 0.0349 0.0350
August 0.0353 0.0338 0.0343
September 0.0352 0.0333 0.0340
October 0.0342 0.0314 0.0318
November 0.0325 0.0214 0.0261
December 0.0227 0.0217 0.0221