2023 PYG to MWK Historical Review

YEARLY HIGH

0.2311 MWK

YEARLY LOW

0.1368 MWK

YEARLY AVERAGE

0.1557 MWK

2023 PYG to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PYG to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.2311. Conversely, the yearly low was recorded on January 18, dropping to 0.1368.

This high-to-low spread represents a total annual volatility of 0.0942 MWK. From a start-to-finish perspective, comparing the January average rate of 0.1387 to the December average rate of 0.2289, the exchange rate registered a net change of 65.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2311 was up 54.08% compared to the 2022 peak of 0.1500, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,155 MWK

2022 Average 668 MWK

Yearly Trough Low 684 MWK

Transaction Impact: A difference of 471.18 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2379

0.1297

JanuMarcMayJulySeptNove

PYG 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 0.1415, compared to 0.1700 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0285 points.

H1 Avg (Jan–Jun) 0.1415

H2 Avg (Jul–Dec) 0.1700

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0769 MWK (High: 0.2267 / Low: 0.1498). On the other end, July was the most stable month, with a tight range of 0.0014 MWK (High: 0.1453 / Low: 0.1439).

November Spread (Volatile) ±0.0769

July Spread (Stable) ±0.0014

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 May and June, when the average rate fell by 0.0010 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.2289) against the same month in 2022 (average: 0.1418), the exchange rate shifted by +0.0871 (+61.45%).

2023 Avg (December) 0.2289

2022 Avg (December) 0.1418

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1405	0.1368	0.1387
February	0.1412	0.1395	0.1406
March	0.1458	0.1403	0.1428
April	0.1443	0.1412	0.1431
May	0.1437	0.1412	0.1424
June	0.1447	0.1396	0.1413
July	0.1453	0.1439	0.1448
August	0.1498	0.1437	0.1479
September	0.1529	0.1447	0.1491
October	0.1589	0.1480	0.1557
November	0.2267	0.1498	0.1935
December	0.2311	0.2262	0.2289