2023 XDR to MWK Historical Review

YEARLY HIGH

2259.2968 MWK

YEARLY LOW

1352.6757 MWK

YEARLY AVERAGE

1515.6627 MWK

2023 XDR to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XDR to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 2259.2968. Conversely, the yearly low was recorded on March 10, dropping to 1352.6757.

This high-to-low spread represents a total annual volatility of 906.6211 MWK. From a start-to-finish perspective, comparing the January average rate of 1374.5883 to the December average rate of 2246.4637, the exchange rate registered a net change of 63.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2259.2968 was up 55.69% compared to the 2022 peak of 1451.1739, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,296,484 MWK

2022 Average 6,392,496 MWK

Yearly Trough Low 6,763,378 MWK

Transaction Impact: A difference of 4,533,105.54 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2334.3486

1279.7299

JanuMarcMayJulySeptNove

XDR 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 1374.6816, compared to 1656.6439 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 281.9623 points.

H1 Avg (Jan–Jun) 1374.6816

H2 Avg (Jul–Dec) 1656.6439

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 778.2440 MWK (High: 2243.4518 / Low: 1465.2078). On the other end, April was the most stable month, with a tight range of 18.4538 MWK (High: 1390.7158 / Low: 1372.2620).

November Spread (Volatile) ±778.2440

April Spread (Stable) ±18.4538

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 May and June, when the average rate fell by 11.0168 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -11.0168

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 2246.4637) against the same month in 2022 (average: 1361.1840), the exchange rate shifted by +885.2797 (+65.04%).

2023 Avg (December) 2246.4637

2022 Avg (December) 1361.1840

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1389.2548	1360.6693	1374.5883
February	1393.1682	1359.4129	1374.5911
March	1393.7807	1352.6757	1370.0524
April	1390.7158	1372.2620	1382.6114
May	1388.5171	1364.7825	1378.6316
June	1405.1255	1355.6595	1367.6148
July	1427.7307	1393.8670	1412.8250
August	1451.7152	1396.8384	1435.5785
September	1464.7439	1397.3630	1433.7974
October	1525.7234	1416.6217	1506.9543
November	2243.4518	1465.2078	1904.2445
December	2259.2968	2235.0713	2246.4637