2023 WST to MWK Historical Review

YEARLY HIGH

604.4511 MWK

YEARLY LOW

371.5030 MWK

YEARLY AVERAGE

415.1197 MWK

2023 WST to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the WST to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 604.4511. Conversely, the yearly low was recorded on June 25, dropping to 371.5030.

This high-to-low spread represents a total annual volatility of 232.9481 MWK. From a start-to-finish perspective, comparing the January average rate of 379.2939 to the December average rate of 601.5927, the exchange rate registered a net change of 58.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 604.4511 was up 53.88% compared to the 2022 peak of 392.8050, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,022,255 MWK

2022 Average 1,741,746 MWK

Yearly Trough Low 1,857,515 MWK

Transaction Impact: A difference of 1,164,740.66 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

624.1677

353.2681

JanuMarcMayJulySeptNove

WST 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 378.0398, compared to 452.1997 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 74.1599 points.

H1 Avg (Jan–Jun) 378.0398

H2 Avg (Jul–Dec) 452.1997

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 203.4933 MWK (High: 601.6086 / Low: 398.1153). On the other end, May was the most stable month, with a tight range of 2.8367 MWK (High: 377.6289 / Low: 374.7922).

November Spread (Volatile) ±203.4933

May Spread (Stable) ±2.8367

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 4.6640 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -4.6640

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 601.5927) against the same month in 2022 (average: 379.5779), the exchange rate shifted by +222.0149 (+58.49%).

2023 Avg (December) 601.5927

2022 Avg (December) 379.5779

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	380.9439	375.5296	379.2939
February	384.0337	377.1060	380.4591
March	388.9268	375.0776	380.5070
April	376.9937	372.7059	375.8431
May	377.6289	374.7922	376.1770
June	386.5573	371.5030	375.9585
July	387.3724	383.4145	385.8697
August	401.4317	383.9470	395.5765
September	408.4973	386.1903	398.9534
October	426.7001	397.8731	417.3541
November	601.6086	398.1153	513.8516
December	604.4511	600.6548	601.5927