2023 PLN to MWK Historical Review

YEARLY HIGH

432.6989 MWK

YEARLY LOW

228.6317 MWK

YEARLY AVERAGE

271.9756 MWK

2023 PLN to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PLN to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 432.6989. Conversely, the yearly low was recorded on February 18, dropping to 228.6317.

This high-to-low spread represents a total annual volatility of 204.0672 MWK. From a start-to-finish perspective, comparing the January average rate of 236.0715 to the December average rate of 424.7282, the exchange rate registered a net change of 79.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 432.6989 was up 81.10% compared to the 2022 peak of 238.9289, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 8,653,978 MWK

2022 Average 4,180,935 MWK

Yearly Trough Low 4,572,633 MWK

Transaction Impact: A difference of 4,081,344.49 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

444.0474

212.2168

JanuMarcMayJulySeptNove

PLN 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 239.7672, compared to 304.1839 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 64.4167 points.

H1 Avg (Jan–Jun) 239.7672

H2 Avg (Jul–Dec) 304.1839

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 160.6139 MWK (High: 428.6164 / Low: 268.0025). On the other end, May was the most stable month, with a tight range of 7.7240 MWK (High: 249.7218 / Low: 241.9978).

November Spread (Volatile) ±160.6139

May Spread (Stable) ±7.7240

Growth Streaks & Declines

Trends

Between February and August, 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 August and September, when the average rate fell by 11.3988 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -11.3988

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 424.7282) against the same month in 2022 (average: 232.0037), the exchange rate shifted by +192.7245 (+83.07%).

2023 Avg (December) 424.7282

2022 Avg (December) 232.0037

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	246.1883	230.4517	236.0715
February	240.4927	228.6317	231.5360
March	240.3137	228.7469	234.3467
April	247.4286	236.5734	242.1233
May	249.7218	241.9978	245.3734
June	258.7304	243.7435	249.1525
July	266.7962	255.0474	261.6103
August	268.8824	257.9357	263.1253
September	260.0230	245.4472	251.7266
October	277.0329	245.4397	268.8512
November	428.6164	268.0025	355.0619
December	432.6989	418.1014	424.7282