2023 UAH to MWK Historical Review

YEARLY HIGH

46.7567 MWK

YEARLY LOW

27.5342 MWK

YEARLY AVERAGE

30.8785 MWK

2023 UAH to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the UAH to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 23, valuing the pair at 46.7567. Conversely, the yearly low was recorded on June 28, dropping to 27.5342.

This high-to-low spread represents a total annual volatility of 19.2225 MWK. From a start-to-finish perspective, comparing the January average rate of 27.8341 to the December average rate of 45.2933, the exchange rate registered a net change of 62.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 46.7567 was up 34.32% compared to the 2022 peak of 34.8090, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 233,783 MWK

2022 Average 143,484 MWK

Yearly Trough Low 137,671 MWK

Transaction Impact: A difference of 96,112.66 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

47.0480

25.9918

JanuMarcMayJulySeptNove

UAH 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 27.8239, compared to 33.9331 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.1092 points.

H1 Avg (Jan–Jun) 27.8239

H2 Avg (Jul–Dec) 33.9331

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 16.0024 MWK (High: 46.7567 / Low: 30.7543). On the other end, May was the most stable month, with a tight range of 0.3015 MWK (High: 27.9564 / Low: 27.6549).

November Spread (Volatile) ±16.0024

May Spread (Stable) ±0.3015

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 0.0454 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0454

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 39.8253) against the same month in 2022 (average: 27.8011), the exchange rate shifted by +12.0242 (+43.25%).

2023 Avg (November) 39.8253

2022 Avg (November) 27.8011

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	27.9584	27.5820	27.8341
February	28.0500	27.6759	27.8843
March	28.5233	27.5465	27.8685
April	27.9512	27.5684	27.8232
May	27.9564	27.6549	27.7869
June	28.5332	27.5342	27.7465
July	28.6881	28.3002	28.5360
August	29.5577	28.2897	29.1294
September	30.0733	28.4349	29.3771
October	31.8834	29.2532	31.4373
November	46.7567	30.7543	39.8253
December	46.1770	43.9621	45.2933