2023 NIO to MWK Historical Review

YEARLY HIGH

46.0534 MWK

YEARLY LOW

27.7409 MWK

YEARLY AVERAGE

31.0738 MWK

2023 NIO to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NIO to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 46.0534. Conversely, the yearly low was recorded on January 18, dropping to 27.7409.

This high-to-low spread represents a total annual volatility of 18.3125 MWK. From a start-to-finish perspective, comparing the January average rate of 28.0480 to the December average rate of 45.9379, the exchange rate registered a net change of 63.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 46.0534 was up 60.08% compared to the 2022 peak of 28.7693, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NIO based on timing:

Yearly Peak High 230,267 MWK

2022 Average 130,068 MWK

Yearly Trough Low 138,705 MWK

Transaction Impact: A difference of 91,562.38 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

47.7286

26.2404

JanuMarcMayJulySeptNove

NIO 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 28.0740, compared to 34.0737 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.9997 points.

H1 Avg (Jan–Jun) 28.0740

H2 Avg (Jul–Dec) 34.0737

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 15.5750 MWK (High: 46.0066 / Low: 30.4315). On the other end, May was the most stable month, with a tight range of 0.1976 MWK (High: 28.1456 / Low: 27.9480).

November Spread (Volatile) ±15.5750

May Spread (Stable) ±0.1976

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0810 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0810

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 45.9379) against the same month in 2022 (average: 28.1176), the exchange rate shifted by +17.8204 (+63.38%).

2023 Avg (December) 45.9379

2022 Avg (December) 28.1176

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	28.1473	27.7409	28.0480
February	28.3528	27.9429	28.1242
March	28.6831	27.8079	28.1325
April	28.1661	27.8629	28.0514
May	28.1456	27.9480	28.0565
June	28.8221	27.8108	28.0311
July	28.8409	28.5910	28.7781
August	29.8462	28.5632	29.3936
September	30.3438	28.7003	29.6499
October	31.6970	29.5401	31.3685
November	46.0066	30.4315	39.3139
December	46.0534	45.7314	45.9379