2023 SLL to MWK Historical Review

YEARLY HIGH

0.0807 MWK

YEARLY LOW

0.0498 MWK

YEARLY AVERAGE

0.0594 MWK

2023 SLL to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SLL to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 0.0807. Conversely, the yearly low was recorded on August 6, dropping to 0.0498.

This high-to-low spread represents a total annual volatility of 0.0309 MWK. From a start-to-finish perspective, comparing the January average rate of 0.0579 to the December average rate of 0.0803, the exchange rate registered a net change of 38.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0807 was up 2.78% compared to the 2022 peak of 0.0785, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 404 MWK

2022 Average 343 MWK

Yearly Trough Low 249 MWK

Transaction Impact: A difference of 154.68 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0832

0.0484

JanuMarcMayJulySeptNove

SLL 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 0.0580, compared to 0.0608 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0028 points.

H1 Avg (Jan–Jun) 0.0580

H2 Avg (Jul–Dec) 0.0608

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0272 MWK (High: 0.0803 / Low: 0.0532). On the other end, May was the most stable month, with a tight range of 0.0004 MWK (High: 0.0583 / Low: 0.0578).

November Spread (Volatile) ±0.0272

May Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0070 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0070

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0803) against the same month in 2022 (average: 0.0580), the exchange rate shifted by +0.0223 (+38.43%).

2023 Avg (December) 0.0803

2022 Avg (December) 0.0580

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0582	0.0573	0.0579
February	0.0586	0.0576	0.0581
March	0.0594	0.0573	0.0581
April	0.0582	0.0575	0.0580
May	0.0583	0.0578	0.0580
June	0.0596	0.0573	0.0580
July	0.0597	0.0501	0.0583
August	0.0520	0.0498	0.0513
September	0.0530	0.0501	0.0517
October	0.0553	0.0516	0.0547
November	0.0803	0.0532	0.0686
December	0.0807	0.0802	0.0803