YEARLY HIGH
19.0825 MWK
YEARLY LOW
10.7347 MWK
YEARLY AVERAGE
13.3550 MWK

2023 RUB to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RUB to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 23, valuing the pair at 19.0825. Conversely, the yearly low was recorded on September 6, dropping to 10.7347.

This high-to-low spread represents a total annual volatility of 8.3477 MWK. From a start-to-finish perspective, comparing the January average rate of 14.6316 to the December average rate of 18.5012, the exchange rate registered a net change of 26.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 19.0825 was down 2.34% compared to the 2022 peak of 19.5392, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 95,412 MWK
2022 Average 70,217 MWK
Yearly Trough Low 53,674 MWK
Transaction Impact: A difference of 41,738.56 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

19.2300
10.4846
JanuMarcMayJulySeptNove

RUB 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 13.3242, compared to 13.3857 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0615 points.

H1 Avg (Jan–Jun) 13.3242
H2 Avg (Jul–Dec) 13.3857

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 7.0328 MWK (High: 19.0825 / Low: 12.0497). On the other end, July was the most stable month, with a tight range of 0.4956 MWK (High: 11.9004 / Low: 11.4048).

November Spread (Volatile) ±7.0328
July Spread (Stable) ±0.4956

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 March and April, when the average rate fell by 0.8004 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.8004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 15.9407) against the same month in 2022 (average: 16.7758), the exchange rate shifted by -0.8351 (-4.98%).

2023 Avg (November) 15.9407
2022 Avg (November) 16.7758

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 15.4997 13.9225 14.6316
February 14.6866 13.4950 13.9676
March 13.9829 13.1891 13.4497
April 13.1891 12.4102 12.6494
May 13.4998 12.6021 12.9560
June 12.7037 11.8307 12.2910
July 11.9004 11.4048 11.6041
August 11.5594 10.8523 11.2246
September 11.5978 10.7347 11.2134
October 12.2808 10.9281 11.8305
November 19.0825 12.0497 15.9407
December 19.0110 18.1065 18.5012