2023 MWK to PHP Historical Review

YEARLY HIGH

0.0551 PHP

YEARLY LOW

0.0328 PHP

YEARLY AVERAGE

0.0503 PHP

2023 MWK to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MWK to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on June 25, valuing the pair at 0.0551. Conversely, the yearly low was recorded on November 20, dropping to 0.0328.

This high-to-low spread represents a total annual volatility of 0.0223 PHP. From a start-to-finish perspective, comparing the January average rate of 0.0537 to the December average rate of 0.0330, the exchange rate registered a net change of -38.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0551 was down 15.42% compared to the 2022 peak of 0.0651, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 275 PHP

2022 Average 294 PHP

Yearly Trough Low 164 PHP

Transaction Impact: A difference of 111.48 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0566

0.0308

JanuMarcMayJulySeptNove

MWK to PHP 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 0.0539, compared to 0.0466 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0072 points.

H1 Avg (Jan–Jun) 0.0539

H2 Avg (Jul–Dec) 0.0466

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0175 PHP (High: 0.0503 / Low: 0.0328). On the other end, December was the most stable month, with a tight range of 0.0004 PHP (High: 0.0332 / Low: 0.0328).

November Spread (Volatile) ±0.0175

December Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between March and June, 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 October and November, when the average rate fell by 0.0092 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0092

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.0545) against the same month in 2022 (average: 0.0552), the exchange rate shifted by -0.0007 (-1.26%).

2023 Avg (June) 0.0545

2022 Avg (June) 0.0552

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0546	0.0530	0.0537
February	0.0544	0.0520	0.0534
March	0.0545	0.0521	0.0533
April	0.0548	0.0530	0.0539
May	0.0550	0.0540	0.0544
June	0.0551	0.0526	0.0545
July	0.0531	0.0516	0.0522
August	0.0538	0.0518	0.0524
September	0.0543	0.0510	0.0524
October	0.0525	0.0489	0.0495
November	0.0503	0.0328	0.0403
December	0.0332	0.0328	0.0330

2023 MWK నుండి PHP చారిత్రక సమీక్ష