2023 RON to MWK Historical Review

YEARLY HIGH

375.8284 MWK

YEARLY LOW

218.1438 MWK

YEARLY AVERAGE

248.4373 MWK

2023 RON to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RON to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 375.8284. Conversely, the yearly low was recorded on March 7, dropping to 218.1438.

This high-to-low spread represents a total annual volatility of 157.6846 MWK. From a start-to-finish perspective, comparing the January average rate of 224.0139 to the December average rate of 370.1163, the exchange rate registered a net change of 65.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 375.8284 was up 68.81% compared to the 2022 peak of 222.6376, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,879,142 MWK

2022 Average 993,557 MWK

Yearly Trough Low 1,090,719 MWK

Transaction Impact: A difference of 788,423.15 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

384.8113

208.4704

JanuMarcMayJulySeptNove

RON 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 224.5722, compared to 272.3024 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 47.7302 points.

H1 Avg (Jan–Jun) 224.5722

H2 Avg (Jul–Dec) 272.3024

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 133.1730 MWK (High: 372.4659 / Low: 239.2929). On the other end, April was the most stable month, with a tight range of 6.2170 MWK (High: 229.8605 / Low: 223.6435).

November Spread (Volatile) ±133.1730

April Spread (Stable) ±6.2170

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 4.2026 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -4.2026

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 370.1163) against the same month in 2022 (average: 220.6161), the exchange rate shifted by +149.5002 (+67.76%).

2023 Avg (December) 370.1163

2022 Avg (December) 220.6161

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	229.1672	218.8391	224.0139
February	230.4007	219.9197	223.7535
March	228.6597	218.1438	223.1655
April	229.8605	223.6435	227.4549
May	230.3114	220.8562	225.0804
June	231.3531	219.8990	223.9650
July	239.6648	230.1986	235.2894
August	241.4066	232.0859	237.3622
September	238.9662	226.8738	233.1596
October	247.7487	227.8818	244.0683
November	372.4659	239.2929	313.8187
December	375.8284	364.6237	370.1163