2023 SYP to MWK Historical Review

YEARLY HIGH

0.6736 MWK

YEARLY LOW

0.4027 MWK

YEARLY AVERAGE

0.4522 MWK

2023 SYP to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SYP to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 0.6736. Conversely, the yearly low was recorded on March 10, dropping to 0.4027.

This high-to-low spread represents a total annual volatility of 0.2709 MWK. From a start-to-finish perspective, comparing the January average rate of 0.4072 to the December average rate of 0.6704, the exchange rate registered a net change of 64.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6736 was up 63.85% compared to the 2022 peak of 0.4111, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,368 MWK

2022 Average 1,858 MWK

Yearly Trough Low 2,013 MWK

Transaction Impact: A difference of 1,354.56 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6967

0.3809

JanuMarcMayJulySeptNove

SYP 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 0.4080, compared to 0.4963 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0883 points.

H1 Avg (Jan–Jun) 0.4080

H2 Avg (Jul–Dec) 0.4963

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.2268 MWK (High: 0.6704 / Low: 0.4437). On the other end, May was the most stable month, with a tight range of 0.0031 MWK (High: 0.4096 / Low: 0.4066).

November Spread (Volatile) ±0.2268

May Spread (Stable) ±0.0031

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 0.0010 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.6704) against the same month in 2022 (average: 0.4080), the exchange rate shifted by +0.2624 (+64.33%).

2023 Avg (December) 0.6704

2022 Avg (December) 0.4080

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4090	0.4032	0.4072
February	0.4123	0.4049	0.4085
March	0.4176	0.4027	0.4087
April	0.4090	0.4043	0.4077
May	0.4096	0.4066	0.4081
June	0.4193	0.4030	0.4078
July	0.4195	0.4159	0.4184
August	0.4343	0.4154	0.4280
September	0.4420	0.4178	0.4317
October	0.4617	0.4305	0.4567
November	0.6704	0.4437	0.5726
December	0.6736	0.6694	0.6704