YEARLY HIGH
0.0007 XDR
YEARLY LOW
0.0004 XDR
YEARLY AVERAGE
0.0007 XDR

2023 MWK to XDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MWK to XDR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 10, valuing the pair at 0.0007. Conversely, the yearly low was recorded on December 30, dropping to 0.0004.

This high-to-low spread represents a total annual volatility of 0.0003 XDR. From a start-to-finish perspective, comparing the January average rate of 0.0007 to the December average rate of 0.0004, the exchange rate registered a net change of -38.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0007 was down 17.67% compared to the 2022 peak of 0.0009, 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 4 XDR
2022 Average 4 XDR
Yearly Trough Low 2 XDR
Transaction Impact: A difference of 1.48 XDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0008
0.0004
JanuMarcMayJulySeptNove

MWK to XDR 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 0.0007, compared to 0.0006 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) 0.0007
H2 Avg (Jul–Dec) 0.0006

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0002 XDR (High: 0.0007 / Low: 0.0004). On the other end, December was the most stable month, with a tight range of 0.0000 XDR (High: 0.0004 / Low: 0.0004).

November Spread (Volatile) ±0.0002
December Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0007) against the same month in 2022 (average: 0.0009), the exchange rate shifted by -0.0002 (-17.46%).

2023 Avg (March) 0.0007
2022 Avg (March) 0.0009

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0007 0.0007 0.0007
February 0.0007 0.0007 0.0007
March 0.0007 0.0007 0.0007
April 0.0007 0.0007 0.0007
May 0.0007 0.0007 0.0007
June 0.0007 0.0007 0.0007
July 0.0007 0.0007 0.0007
August 0.0007 0.0007 0.0007
September 0.0007 0.0007 0.0007
October 0.0007 0.0007 0.0007
November 0.0007 0.0004 0.0005
December 0.0004 0.0004 0.0004