2023 MXN to MWK Historical Review

YEARLY HIGH

99.4470 MWK

YEARLY LOW

52.5934 MWK

YEARLY AVERAGE

64.3025 MWK

2023 MXN to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MXN to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 99.4470. Conversely, the yearly low was recorded on January 2, dropping to 52.5934.

This high-to-low spread represents a total annual volatility of 46.8536 MWK. From a start-to-finish perspective, comparing the January average rate of 53.9587 to the December average rate of 98.1336, the exchange rate registered a net change of 81.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 99.4470 was up 85.58% compared to the 2022 peak of 53.5881, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 4,972,348 MWK

2022 Average 2,324,409 MWK

Yearly Trough Low 2,629,669 MWK

Transaction Impact: A difference of 2,342,678.85 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

102.5511

49.5412

JanuMarcMayJulySeptNove

MXN to MWK 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 56.4842, compared to 72.1209 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 15.6367 points.

H1 Avg (Jan–Jun) 56.4842

H2 Avg (Jul–Dec) 72.1209

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 35.6973 MWK (High: 98.3820 / Low: 62.6848). On the other end, April was the most stable month, with a tight range of 1.1310 MWK (High: 57.1265 / Low: 55.9955).

November Spread (Volatile) ±35.6973

April Spread (Stable) ±1.1310

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.6036 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.6036

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 98.1336) against the same month in 2022 (average: 52.3325), the exchange rate shifted by +45.8011 (+87.52%).

2023 Avg (December) 98.1336

2022 Avg (December) 52.3325

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	54.7233	52.5934	53.9587
February	56.1012	53.5566	55.1958
March	56.7520	54.5396	55.7932
April	57.1265	55.9955	56.6968
May	58.7282	57.0679	57.8379
June	61.5527	58.2690	59.4226
July	63.0748	60.9332	62.1415
August	65.1347	60.5654	63.3143
September	65.0413	59.6710	62.7106
October	64.6724	61.1879	63.4405
November	98.3820	62.6848	82.9849
December	99.4470	96.2732	98.1336