2021 BND to MWK Historical Review

YEARLY HIGH

607.9044 MWK

YEARLY LOW

576.8709 MWK

YEARLY AVERAGE

594.9686 MWK

2021 BND to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BND to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 19, valuing the pair at 607.9044. Conversely, the yearly low was recorded on February 4, dropping to 576.8709.

This high-to-low spread represents a total annual volatility of 31.0336 MWK. From a start-to-finish perspective, comparing the January average rate of 582.6800 to the December average rate of 597.9464, the exchange rate registered a net change of 2.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 607.9044 was up 4.25% compared to the 2020 peak of 583.1170, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,039,522 MWK

2020 Average 2,699,386 MWK

Yearly Trough Low 2,884,354 MWK

Transaction Impact: A difference of 155,167.91 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

606.1429

580.5470

JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 589.5016, compared to 600.4356 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 10.9340 points.

H1 Avg (Jan–Jun) 589.5016

H2 Avg (Jul–Dec) 600.4356

Volatility Range Comparison

Volatility

The most volatile month in 2021 was February, with a trading range of 15.8091 MWK (High: 592.6799 / Low: 576.8709). On the other end, December was the most stable month, with a tight range of 7.8427 MWK (High: 602.9036 / Low: 595.0609).

February Spread (Volatile) ±15.8091

December Spread (Stable) ±7.8427

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 3.1244 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -3.1244

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 604.0099) against the same month in 2020 (average: 554.5216), the exchange rate shifted by +49.4884 (+8.92%).

2021 Avg (October) 604.0099

2020 Avg (October) 554.5216

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	587.1935	578.6125	582.6800
February	592.6799	576.8709	586.0728
March	587.9505	579.3464	583.1699
April	598.3953	582.9111	589.2904
May	603.0875	591.6011	596.3611
June	605.2106	592.5619	599.4355
July	602.4357	591.0731	596.5681
August	604.7180	595.6494	599.5754
September	607.0065	598.9695	603.6282
October	607.9044	598.6655	604.0099
November	605.2789	595.8702	600.8855
December	602.9036	595.0609	597.9464