2023 QAR to MWK Historical Review

YEARLY HIGH

464.8347 MWK

YEARLY LOW

277.8881 MWK

YEARLY AVERAGE

311.8193 MWK

2023 QAR to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the QAR to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 464.8347. Conversely, the yearly low was recorded on March 10, dropping to 277.8881.

This high-to-low spread represents a total annual volatility of 186.9466 MWK. From a start-to-finish perspective, comparing the January average rate of 280.7822 to the December average rate of 462.1758, the exchange rate registered a net change of 64.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 464.8347 was up 63.85% compared to the 2022 peak of 283.6895, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,324,173 MWK

2022 Average 1,280,935 MWK

Yearly Trough Low 1,389,441 MWK

Transaction Impact: A difference of 934,732.85 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

480.3152

262.6428

JanuMarcMayJulySeptNove

QAR 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 281.2777, compared to 342.3609 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 61.0833 points.

H1 Avg (Jan–Jun) 281.2777

H2 Avg (Jul–Dec) 342.3609

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 156.5406 MWK (High: 462.5792 / Low: 306.0386). On the other end, February was the most stable month, with a tight range of 1.7854 MWK (High: 282.0978 / Low: 280.3124).

November Spread (Volatile) ±156.5406

February Spread (Stable) ±1.7854

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 0.5524 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.5524

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 462.1758) against the same month in 2022 (average: 281.1635), the exchange rate shifted by +181.0123 (+64.38%).

2023 Avg (December) 462.1758

2022 Avg (December) 281.1635

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	281.8671	278.1848	280.7822
February	282.0978	280.3124	281.4130
March	288.1092	277.8881	281.5580
April	285.3547	278.6602	281.0056
May	282.6782	280.5548	281.5807
June	289.3617	278.3808	281.3264
July	290.3605	287.0485	288.7977
August	299.6616	286.6685	295.0990
September	305.0196	288.2937	297.8000
October	318.5676	297.0662	314.9816
November	462.5792	306.0386	395.3114
December	464.8347	461.4573	462.1758