YEARLY HIGH
0.1372 MWK
YEARLY LOW
0.0864 MWK
YEARLY AVERAGE
0.0965 MWK

2023 UZS to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the UZS to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 21, valuing the pair at 0.1372. Conversely, the yearly low was recorded on September 6, dropping to 0.0864.

This high-to-low spread represents a total annual volatility of 0.0508 MWK. From a start-to-finish perspective, comparing the January average rate of 0.0905 to the December average rate of 0.1364, the exchange rate registered a net change of 50.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1372 was up 44.84% compared to the 2022 peak of 0.0947, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 686 MWK
2022 Average 422 MWK
Yearly Trough Low 432 MWK
Transaction Impact: A difference of 253.91 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1411
0.0844
JanuMarcMayJulySeptNove

UZS 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 0.0900, compared to 0.1030 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0130 points.

H1 Avg (Jan–Jun) 0.0900
H2 Avg (Jul–Dec) 0.1030

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0466 MWK (High: 0.1372 / Low: 0.0906). On the other end, May was the most stable month, with a tight range of 0.0011 MWK (High: 0.0900 / Low: 0.0889).

November Spread (Volatile) ±0.0466
May Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between September and December, 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 August and September, when the average rate fell by 0.0011 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.1172) against the same month in 2022 (average: 0.0916), the exchange rate shifted by +0.0256 (+27.92%).

2023 Avg (November) 0.1172
2022 Avg (November) 0.0916

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0912 0.0896 0.0905
February 0.0915 0.0896 0.0905
March 0.0923 0.0892 0.0902
April 0.0903 0.0891 0.0898
May 0.0900 0.0889 0.0896
June 0.0914 0.0883 0.0894
July 0.0914 0.0900 0.0908
August 0.0930 0.0888 0.0903
September 0.0913 0.0864 0.0891
October 0.0951 0.0886 0.0939
November 0.1372 0.0906 0.1172
December 0.1371 0.1358 0.1364