YEARLY HIGH
0.0010 USD
YEARLY LOW
0.0006 USD
YEARLY AVERAGE
0.0009 USD

2023 MWK to USD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MWK to USD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 10, valuing the pair at 0.0010. Conversely, the yearly low was recorded on December 17, dropping to 0.0006.

This high-to-low spread represents a total annual volatility of 0.0004 USD. From a start-to-finish perspective, comparing the January average rate of 0.0010 to the December average rate of 0.0006, the exchange rate registered a net change of -39.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0010 was down 21.16% compared to the 2022 peak of 0.0013, 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 5 USD
2022 Average 5 USD
Yearly Trough Low 3 USD
Transaction Impact: A difference of 1.99 USD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0010
0.0006
JanuMarcMayJulySeptNove

MWK to USD 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 0.0010, compared to 0.0008 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0010
H2 Avg (Jul–Dec) 0.0008

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0003 USD (High: 0.0009 / Low: 0.0006). On the other end, December was the most stable month, with a tight range of 0.0000 USD (High: 0.0006 / Low: 0.0006).

November Spread (Volatile) ±0.0003
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 0.0001 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0010) against the same month in 2022 (average: 0.0012), the exchange rate shifted by -0.0003 (-20.98%).

2023 Avg (March) 0.0010
2022 Avg (March) 0.0012

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0010 0.0010 0.0010
February 0.0010 0.0010 0.0010
March 0.0010 0.0010 0.0010
April 0.0010 0.0010 0.0010
May 0.0010 0.0010 0.0010
June 0.0010 0.0009 0.0010
July 0.0010 0.0009 0.0010
August 0.0010 0.0009 0.0009
September 0.0010 0.0009 0.0009
October 0.0009 0.0009 0.0009
November 0.0009 0.0006 0.0007
December 0.0006 0.0006 0.0006