2023 MWK to YER Historical Review

YEARLY HIGH

0.2474 YER

YEARLY LOW

0.1479 YER

YEARLY AVERAGE

0.2262 YER

2023 MWK to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MWK to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on March 10, valuing the pair at 0.2474. Conversely, the yearly low was recorded on December 17, dropping to 0.1479.

This high-to-low spread represents a total annual volatility of 0.0995 YER. From a start-to-finish perspective, comparing the January average rate of 0.2447 to the December average rate of 0.1486, the exchange rate registered a net change of -39.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2474 was down 21.12% compared to the 2022 peak of 0.3137, 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 1,237 YER

2022 Average 1,358 YER

Yearly Trough Low 740 YER

Transaction Impact: A difference of 497.49 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2543

0.1389

JanuMarcMayJulySeptNove

MWK to YER 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 0.2442, compared to 0.2083 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0359 points.

H1 Avg (Jan–Jun) 0.2442

H2 Avg (Jul–Dec) 0.2083

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0760 YER (High: 0.2246 / Low: 0.1486). On the other end, December was the most stable month, with a tight range of 0.0009 YER (High: 0.1488 / Low: 0.1479).

November Spread (Volatile) ±0.0760

December Spread (Stable) ±0.0009

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 0.0371 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0371

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.2438) against the same month in 2022 (average: 0.3085), the exchange rate shifted by -0.0647 (-20.96%).

2023 Avg (March) 0.2438

2022 Avg (March) 0.3085

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2472	0.2437	0.2447
February	0.2461	0.2417	0.2439
March	0.2474	0.2386	0.2438
April	0.2465	0.2436	0.2444
May	0.2450	0.2432	0.2442
June	0.2473	0.2376	0.2443
July	0.2395	0.2374	0.2381
August	0.2399	0.2294	0.2328
September	0.2385	0.2254	0.2309
October	0.2315	0.2158	0.2182
November	0.2246	0.1486	0.1811
December	0.1488	0.1479	0.1486