2023 MWK to UZS Historical Review

YEARLY HIGH

11.5730 UZS

YEARLY LOW

7.2892 UZS

YEARLY AVERAGE

10.5697 UZS

2023 MWK to UZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MWK to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 6, valuing the pair at 11.5730. Conversely, the yearly low was recorded on November 21, dropping to 7.2892.

This high-to-low spread represents a total annual volatility of 4.2838 UZS. From a start-to-finish perspective, comparing the January average rate of 11.0479 to the December average rate of 7.3341, the exchange rate registered a net change of -33.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 11.5730 was down 18.04% compared to the 2022 peak of 14.1198, 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 57,865 UZS

2022 Average 59,972 UZS

Yearly Trough Low 36,446 UZS

Transaction Impact: A difference of 21,418.97 UZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

11.6076

6.9456

JanuMarcMayJulySeptNove

MWK to UZS 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 11.1114, compared to 10.0281 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0833 points.

H1 Avg (Jan–Jun) 11.1114

H2 Avg (Jul–Dec) 10.0281

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 3.7449 UZS (High: 11.0341 / Low: 7.2892). On the other end, December was the most stable month, with a tight range of 0.0652 UZS (High: 7.3614 / Low: 7.2962).

November Spread (Volatile) ±3.7449

December Spread (Stable) ±0.0652

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 1.7722 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -1.7722

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 11.2191) against the same month in 2022 (average: 10.7195), the exchange rate shifted by +0.4996 (+4.66%).

2023 Avg (September) 11.2191

2022 Avg (September) 10.7195

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.1598	10.9644	11.0479
February	11.1574	10.9236	11.0475
March	11.2163	10.8318	11.0861
April	11.2291	11.0737	11.1347
May	11.2531	11.1102	11.1601
June	11.3310	10.9401	11.1921
July	11.1053	10.9386	11.0092
August	11.2626	10.7546	11.0822
September	11.5730	10.9544	11.2191
October	11.2883	10.5173	10.6480
November	11.0341	7.2892	8.8758
December	7.3614	7.2962	7.3341