2023 VND to MWK Historical Review

YEARLY HIGH

0.0697 MWK

YEARLY LOW

0.0427 MWK

YEARLY AVERAGE

0.0476 MWK

2023 VND to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the VND to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 21, valuing the pair at 0.0697. Conversely, the yearly low was recorded on March 10, dropping to 0.0427.

This high-to-low spread represents a total annual volatility of 0.0270 MWK. From a start-to-finish perspective, comparing the January average rate of 0.0436 to the December average rate of 0.0694, the exchange rate registered a net change of 59.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0697 was up 57.10% compared to the 2022 peak of 0.0444, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 10,000,000 VND based on timing:

Yearly Peak High 697,243 MWK

2022 Average 398,202 MWK

Yearly Trough Low 427,367 MWK

Transaction Impact: A difference of 269,876.47 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0720

0.0408

JanuMarcMayJulySeptNove

VND 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 0.0436, compared to 0.0516 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0080 points.

H1 Avg (Jan–Jun) 0.0436

H2 Avg (Jul–Dec) 0.0516

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0241 MWK (High: 0.0697 / Low: 0.0456). On the other end, May was the most stable month, with a tight range of 0.0004 MWK (High: 0.0439 / Low: 0.0435).

November Spread (Volatile) ±0.0241

May Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between February and May, 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 0.0003 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0592) against the same month in 2022 (average: 0.0413), the exchange rate shifted by +0.0179 (+43.36%).

2023 Avg (November) 0.0592

2022 Avg (November) 0.0413

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0438	0.0432	0.0436
February	0.0442	0.0428	0.0434
March	0.0445	0.0427	0.0435
April	0.0438	0.0433	0.0436
May	0.0439	0.0435	0.0437
June	0.0447	0.0430	0.0436
July	0.0446	0.0441	0.0444
August	0.0459	0.0440	0.0451
September	0.0456	0.0436	0.0448
October	0.0475	0.0444	0.0469
November	0.0697	0.0456	0.0592
December	0.0697	0.0691	0.0694