2019 AFN to MWK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 AFN to MWK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the AFN to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 10.5025. Conversely, the yearly low was recorded on May 24, dropping to 8.9197.
This high-to-low spread represents a total annual volatility of 1.5828 MWK. From a start-to-finish perspective, comparing the January average rate of 9.6884 to the December average rate of 9.3410, the exchange rate registered a net change of -3.59% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 10.5025 was down 7.32% compared to the 2018 peak of 11.3322, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AFN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 9.5095, compared to 9.3527 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1567 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was January, with a trading range of 0.9513 MWK (High: 10.5025 / Low: 9.5512). On the other end, October was the most stable month, with a tight range of 0.0688 MWK (High: 9.3979 / Low: 9.3291).
Growth Streaks & Declines
TrendsBetween May and July, 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 April and May, when the average rate fell by 0.2486 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2019: 9.6884) against the same month in 2018 (average: 10.3919), the exchange rate shifted by -0.7035 (-6.77%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 10.5025 | 9.5512 | 9.6884 |
| February | 9.7934 | 9.6363 | 9.7270 |
| March | 9.7668 | 9.5237 | 9.6301 |
| April | 9.5302 | 9.3438 | 9.4208 |
| May | 9.4780 | 8.9197 | 9.1723 |
| June | 9.9374 | 9.0737 | 9.4181 |
| July | 9.5499 | 9.2635 | 9.4252 |
| August | 9.8203 | 9.2025 | 9.3268 |
| September | 9.5096 | 9.1882 | 9.2968 |
| October | 9.3979 | 9.3291 | 9.3614 |
| November | 9.4072 | 9.3016 | 9.3653 |
| December | 9.4407 | 9.2063 | 9.3410 |