YEARLY HIGH
34.2669 MWK
YEARLY LOW
30.9606 MWK
YEARLY AVERAGE
33.1639 MWK

2021 HNL to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HNL to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 10, valuing the pair at 34.2669. Conversely, the yearly low was recorded on January 6, dropping to 30.9606.

This high-to-low spread represents a total annual volatility of 3.3063 MWK. From a start-to-finish perspective, comparing the January average rate of 31.8873 to the December average rate of 33.5693, the exchange rate registered a net change of 5.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 34.2669 was up 7.61% compared to the 2020 peak of 31.8442, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 171,334 MWK
2020 Average 150,456 MWK
Yearly Trough Low 154,803 MWK
Transaction Impact: A difference of 16,531.35 MWK purely based on transaction execution date.

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34.3823
31.6605
JanuMarcMayJulySeptNove

HNL 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 32.5199, compared to 33.8079 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.2880 points.

H1 Avg (Jan–Jun) 32.5199
H2 Avg (Jul–Dec) 33.8079

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 1.0728 MWK (High: 32.0334 / Low: 30.9606). On the other end, November was the most stable month, with a tight range of 0.1565 MWK (High: 33.8621 / Low: 33.7055).

January Spread (Volatile) Âą1.0728
November Spread (Stable) Âą0.1565

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.4072 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.4072

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2021: 34.1555) against the same month in 2020 (average: 30.1593), the exchange rate shifted by +3.9962 (+13.25%).

2021 Avg (August) 34.1555
2020 Avg (August) 30.1593

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Month High Low Average
January 32.0334 30.9606 31.8873
February 32.4358 31.7917 32.0948
March 32.6443 32.0714 32.3263
April 32.9000 32.4619 32.6684
May 33.2248 32.6434 32.9094
June 33.7106 32.8838 33.2334
July 34.2462 33.3896 33.8325
August 34.2669 33.7603 34.1555
September 34.0303 33.4365 33.7482
October 33.8665 33.7055 33.7744
November 33.8621 33.7055 33.7675
December 33.8274 33.2601 33.5693