YEARLY HIGH
22.5580 STD
YEARLY LOW
13.1653 STD
YEARLY AVERAGE
20.4400 STD

2023 MWK to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MWK to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 10, valuing the pair at 22.5580. Conversely, the yearly low was recorded on December 17, dropping to 13.1653.

This high-to-low spread represents a total annual volatility of 9.3927 STD. From a start-to-finish perspective, comparing the January average rate of 22.3076 to the December average rate of 13.2279, the exchange rate registered a net change of -40.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 22.5580 was down 20.28% compared to the 2022 peak of 28.2966, 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 112,790 STD
2022 Average 119,988 STD
Yearly Trough Low 65,827 STD
Transaction Impact: A difference of 46,963.54 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

23.2155
12.3199
JanuMarcMayJulySeptNove

MWK to STD 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 22.2661, compared to 18.6139 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.6521 points.

H1 Avg (Jan–Jun) 22.2661
H2 Avg (Jul–Dec) 18.6139

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 6.7611 STD (High: 19.9886 / Low: 13.2275). On the other end, December was the most stable month, with a tight range of 0.0832 STD (High: 13.2485 / Low: 13.1653).

November Spread (Volatile) ±6.7611
December Spread (Stable) ±0.0832

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 3.3053 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -3.3053

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 22.2311) against the same month in 2022 (average: 26.3827), the exchange rate shifted by -4.1516 (-15.74%).

2023 Avg (March) 22.2311
2022 Avg (March) 26.3827

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 22.5309 22.2106 22.3076
February 22.4367 22.0319 22.2392
March 22.5580 21.7548 22.2311
April 22.4687 22.2131 22.2813
May 22.3436 22.1758 22.2614
June 22.5414 21.6636 22.2757
July 21.8411 21.1589 21.6430
August 21.3476 20.4178 20.7239
September 21.2236 20.0647 20.5478
October 20.6004 19.2087 19.4232
November 19.9886 13.2275 16.1179
December 13.2485 13.1653 13.2279