2018 AFN to MWK Historical Review

YEARLY HIGH

11.3322 MWK

YEARLY LOW

9.5235 MWK

YEARLY AVERAGE

10.0904 MWK

2018 AFN to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the AFN to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 11.3322. Conversely, the yearly low was recorded on October 14, dropping to 9.5235.

This high-to-low spread represents a total annual volatility of 1.8087 MWK. From a start-to-finish perspective, comparing the January average rate of 10.3919 to the December average rate of 9.8993, the exchange rate registered a net change of -4.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 11.3322 was up 3.40% compared to the 2017 peak of 10.9599, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 56,661 MWK

2017 Average 53,406 MWK

Yearly Trough Low 47,617 MWK

Transaction Impact: A difference of 9,043.56 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

10.5477

9.5122

JanuMarcMayJulySeptNove

AFN 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 10.3790, compared to 9.8019 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5771 points.

H1 Avg (Jan–Jun) 10.3790

H2 Avg (Jul–Dec) 9.8019

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 1.7948 MWK (High: 11.3322 / Low: 9.5374). On the other end, March was the most stable month, with a tight range of 0.0818 MWK (High: 10.4722 / Low: 10.3904).

November Spread (Volatile) ±1.7948

March Spread (Stable) ±0.0818

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.4943 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.4943

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 9.6580) against the same month in 2017 (average: 10.5651), the exchange rate shifted by -0.9071 (-8.59%).

2018 Avg (November) 9.6580

2017 Avg (November) 10.5651

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.4638	10.2413	10.3919
February	10.5143	10.4159	10.4601
March	10.4722	10.3904	10.4405
April	10.5099	10.2655	10.3701
May	10.6616	10.0222	10.1497
June	11.1787	9.9102	10.4614
July	10.1590	9.8645	9.9671
August	10.0611	9.8894	9.9912
September	9.8978	9.5619	9.6970
October	9.6839	9.5235	9.5985
November	11.3322	9.5374	9.6580
December	10.2968	9.6008	9.8993