2021 AFN to MWK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 AFN to MWK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the AFN to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 10, valuing the pair at 10.2947. Conversely, the yearly low was recorded on December 15, dropping to 6.9297.
This high-to-low spread represents a total annual volatility of 3.3651 MWK. From a start-to-finish perspective, comparing the January average rate of 9.9986 to the December average rate of 8.0176, the exchange rate registered a net change of -19.81% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 10.2947 was up 2.55% compared to the 2020 peak of 10.0390, 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 2021.
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 10.1066, compared to 9.1898 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9168 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was December, with a trading range of 1.5806 MWK (High: 8.5103 / Low: 6.9297). On the other end, February was the most stable month, with a tight range of 0.1558 MWK (High: 10.1100 / Low: 9.9542).
Growth Streaks & Declines
TrendsBetween January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.7824 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2021: 10.1915) against the same month in 2020 (average: 9.6264), the exchange rate shifted by +0.5652 (+5.87%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 10.0647 | 9.8556 | 9.9986 |
| February | 10.1100 | 9.9542 | 10.0621 |
| March | 10.2061 | 10.0172 | 10.1035 |
| April | 10.2192 | 9.9950 | 10.1259 |
| May | 10.2947 | 10.0382 | 10.1915 |
| June | 10.2508 | 10.0629 | 10.1580 |
| July | 10.2208 | 9.8045 | 10.0983 |
| August | 10.1876 | 9.4082 | 9.7830 |
| September | 9.5995 | 9.1466 | 9.3827 |
| October | 9.1494 | 8.9746 | 9.0571 |
| November | 9.0294 | 8.4808 | 8.8000 |
| December | 8.5103 | 6.9297 | 8.0176 |