2016 BND to MWK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 BND to MWK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the BND to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 16, valuing the pair at 536.3993. Conversely, the yearly low was recorded on January 6, dropping to 461.7156.
This high-to-low spread represents a total annual volatility of 74.6837 MWK. From a start-to-finish perspective, comparing the January average rate of 481.7735 to the December average rate of 503.5639, the exchange rate registered a net change of 4.52% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 536.3993 was up 14.49% compared to the 2015 peak of 468.5060, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BND based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
BND 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 508.7669, compared to 520.6253 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 11.8584 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was January, with a trading range of 51.0259 MWK (High: 512.7416 / Low: 461.7156). On the other end, September was the most stable month, with a tight range of 6.9694 MWK (High: 533.1746 / Low: 526.2053).
Growth Streaks & Declines
TrendsBetween April and August, 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 February and March, when the average rate fell by 16.4712 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2016: 533.0180) against the same month in 2015 (average: 379.6801), the exchange rate shifted by +153.3379 (+40.39%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 512.7416 | 461.7156 | 481.7735 |
| February | 536.0033 | 504.1779 | 526.6365 |
| March | 531.4201 | 496.6361 | 510.1653 |
| April | 513.0768 | 499.6765 | 504.6011 |
| May | 513.8156 | 498.7366 | 508.3368 |
| June | 530.1095 | 504.5947 | 521.0884 |
| July | 532.9524 | 524.6784 | 528.6976 |
| August | 536.3993 | 527.8839 | 533.0180 |
| September | 533.1746 | 526.2053 | 529.0062 |
| October | 527.2870 | 513.6829 | 519.4238 |
| November | 523.1394 | 503.6294 | 510.0422 |
| December | 511.3266 | 493.8455 | 503.5639 |