2023 XCD to MWK Historical Review

YEARLY HIGH

626.2467 MWK

YEARLY LOW

374.3837 MWK

YEARLY AVERAGE

420.3611 MWK

2023 XCD to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XCD to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 626.2467. Conversely, the yearly low was recorded on March 10, dropping to 374.3837.

This high-to-low spread represents a total annual volatility of 251.8630 MWK. From a start-to-finish perspective, comparing the January average rate of 378.5922 to the December average rate of 623.2853, the exchange rate registered a net change of 64.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 626.2467 was up 63.85% compared to the 2022 peak of 382.1996, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,131,234 MWK

2022 Average 1,727,123 MWK

Yearly Trough Low 1,871,918 MWK

Transaction Impact: A difference of 1,259,315.20 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

647.7546

354.1229

JanuMarcMayJulySeptNove

XCD 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 379.3062, compared to 461.4160 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 82.1098 points.

H1 Avg (Jan–Jun) 379.3062

H2 Avg (Jul–Dec) 461.4160

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 210.8309 MWK (High: 623.3017 / Low: 412.4708). On the other end, May was the most stable month, with a tight range of 2.8608 MWK (High: 380.8371 / Low: 377.9764).

November Spread (Volatile) ±210.8309

May Spread (Stable) ±2.8608

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 0.8922 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.8922

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 623.2853) against the same month in 2022 (average: 379.2977), the exchange rate shifted by +243.9876 (+64.33%).

2023 Avg (December) 623.2853

2022 Avg (December) 379.2977

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	380.2391	374.8348	378.5922
February	383.3232	376.4083	379.7552
March	388.2073	374.3837	379.9282
April	380.1965	375.8723	379.0361
May	380.8371	377.9764	379.3729
June	389.8414	374.6591	379.1525
July	389.9948	386.6718	389.0185
August	403.8009	386.2130	397.9111
September	410.9082	388.4696	401.3080
October	429.2184	400.2213	424.5929
November	623.3017	412.4708	532.3803
December	626.2467	622.3135	623.2853