2023 SRD to MWK Historical Review

YEARLY HIGH

45.8989 MWK

YEARLY LOW

26.5587 MWK

YEARLY AVERAGE

31.0657 MWK

2023 SRD to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SRD to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 45.8989. Conversely, the yearly low was recorded on June 22, dropping to 26.5587.

This high-to-low spread represents a total annual volatility of 19.3402 MWK. From a start-to-finish perspective, comparing the January average rate of 32.1607 to the December average rate of 45.0864, the exchange rate registered a net change of 40.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 45.8989 was down 2.88% compared to the 2022 peak of 47.2610, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 229,495 MWK

2022 Average 194,698 MWK

Yearly Trough Low 132,794 MWK

Transaction Impact: A difference of 96,700.95 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

46.8770

25.3901

JanuMarcMayJulySeptNove

SRD 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 29.2738, compared to 32.8575 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.5837 points.

H1 Avg (Jan–Jun) 29.2738

H2 Avg (Jul–Dec) 32.8575

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 15.2702 MWK (High: 44.5503 / Low: 29.2801). On the other end, May was the most stable month, with a tight range of 0.5747 MWK (High: 27.7003 / Low: 27.1257).

November Spread (Volatile) ±15.2702

May Spread (Stable) ±0.5747

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 1.8363 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -1.8363

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 45.0864) against the same month in 2022 (average: 32.3583), the exchange rate shifted by +12.7281 (+39.33%).

2023 Avg (December) 45.0864

2022 Avg (December) 32.3583

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	32.5123	31.4214	32.1607
February	32.0887	30.3034	31.2920
March	30.8849	28.3261	29.6945
April	28.6728	27.2336	27.8582
May	27.7003	27.1257	27.4566
June	27.9754	26.5587	27.1807
July	28.4860	27.2665	27.6750
August	28.5791	27.1832	28.0984
September	29.0357	27.2853	28.3179
October	30.4816	28.2520	30.0791
November	44.5503	29.2801	37.8883
December	45.8989	44.4940	45.0864