YEARLY HIGH
0.0027 XCD
YEARLY LOW
0.0016 XCD
YEARLY AVERAGE
0.0024 XCD

2023 MWK to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MWK to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 10, valuing the pair at 0.0027. Conversely, the yearly low was recorded on December 17, dropping to 0.0016.

This high-to-low spread represents a total annual volatility of 0.0011 XCD. From a start-to-finish perspective, comparing the January average rate of 0.0026 to the December average rate of 0.0016, 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 0.0027 was down 21.16% compared to the 2022 peak of 0.0034, 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 13 XCD
2022 Average 15 XCD
Yearly Trough Low 8 XCD
Transaction Impact: A difference of 5.37 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0027
0.0015
JanuMarcMayJulySeptNove

MWK to XCD 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 0.0026, compared to 0.0022 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0026
H2 Avg (Jul–Dec) 0.0022

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0008 XCD (High: 0.0024 / Low: 0.0016). On the other end, December was the most stable month, with a tight range of 0.0000 XCD (High: 0.0016 / Low: 0.0016).

November Spread (Volatile) ±0.0008
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 0.0004 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0026) against the same month in 2022 (average: 0.0033), the exchange rate shifted by -0.0007 (-20.98%).

2023 Avg (March) 0.0026
2022 Avg (March) 0.0033

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0027 0.0026 0.0026
February 0.0027 0.0026 0.0026
March 0.0027 0.0026 0.0026
April 0.0027 0.0026 0.0026
May 0.0026 0.0026 0.0026
June 0.0027 0.0026 0.0026
July 0.0026 0.0026 0.0026
August 0.0026 0.0025 0.0025
September 0.0026 0.0024 0.0025
October 0.0025 0.0023 0.0024
November 0.0024 0.0016 0.0020
December 0.0016 0.0016 0.0016