2023 STD to MWK Historical Review

YEARLY HIGH

0.0760 MWK

YEARLY LOW

0.0443 MWK

YEARLY AVERAGE

0.0504 MWK

2023 STD to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the STD to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 0.0760. Conversely, the yearly low was recorded on March 10, dropping to 0.0443.

This high-to-low spread represents a total annual volatility of 0.0316 MWK. From a start-to-finish perspective, comparing the January average rate of 0.0448 to the December average rate of 0.0756, the exchange rate registered a net change of 68.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0760 was up 62.26% compared to the 2022 peak of 0.0468, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 380 MWK

2022 Average 210 MWK

Yearly Trough Low 222 MWK

Transaction Impact: A difference of 158.14 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0787

0.0418

JanuMarcMayJulySeptNove

STD 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 0.0449, compared to 0.0558 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0109 points.

H1 Avg (Jan–Jun) 0.0449

H2 Avg (Jul–Dec) 0.0558

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0256 MWK (High: 0.0756 / Low: 0.0500). On the other end, May was the most stable month, with a tight range of 0.0003 MWK (High: 0.0451 / Low: 0.0448).

November Spread (Volatile) ±0.0256

May Spread (Stable) ±0.0003

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 0.0001 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0756) against the same month in 2022 (average: 0.0449), the exchange rate shifted by +0.0307 (+68.32%).

2023 Avg (December) 0.0756

2022 Avg (December) 0.0449

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0450	0.0444	0.0448
February	0.0454	0.0446	0.0450
March	0.0460	0.0443	0.0450
April	0.0450	0.0445	0.0449
May	0.0451	0.0448	0.0449
June	0.0462	0.0444	0.0449
July	0.0473	0.0458	0.0462
August	0.0490	0.0468	0.0483
September	0.0498	0.0471	0.0487
October	0.0521	0.0485	0.0515
November	0.0756	0.0500	0.0646
December	0.0760	0.0755	0.0756