YEARLY HIGH
105.8606 MWK
YEARLY LOW
103.1397 MWK
YEARLY AVERAGE
104.5900 MWK

2017 BOB to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BOB to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 13, valuing the pair at 105.8606. Conversely, the yearly low was recorded on August 5, dropping to 103.1397.

This high-to-low spread represents a total annual volatility of 2.7210 MWK. From a start-to-finish perspective, comparing the January average rate of 104.7821 to the December average rate of 104.9594, the exchange rate registered a net change of 0.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 105.8606 was down 3.30% compared to the 2016 peak of 109.4789, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 529,303 MWK
2016 Average 514,752 MWK
Yearly Trough Low 515,698 MWK
Transaction Impact: A difference of 13,604.81 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

105.0593
103.8606
JanuMarcMayJulySeptNove

BOB 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 104.7018, compared to 104.4782 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2236 points.

H1 Avg (Jan–Jun) 104.7018
H2 Avg (Jul–Dec) 104.4782

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 1.8493 MWK (High: 104.9890 / Low: 103.1397). On the other end, May was the most stable month, with a tight range of 0.9400 MWK (High: 104.8892 / Low: 103.9492).

August Spread (Volatile) ±1.8493
May Spread (Stable) ±0.9400

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.4875 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.4875

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 104.9594) against the same month in 2016 (average: 104.4915), the exchange rate shifted by +0.4680 (+0.45%).

2017 Avg (December) 104.9594
2016 Avg (December) 104.4915

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 105.3702 103.5992 104.7821
February 105.3561 104.3020 104.8022
March 105.5652 103.8622 104.7185
April 105.5550 104.1065 104.7363
May 104.8892 103.9492 104.5088
June 105.3334 104.1674 104.6627
July 105.1836 103.7072 104.3066
August 104.9890 103.1397 104.2135
September 104.9013 103.1405 103.9605
October 105.2708 104.1690 104.9584
November 105.1127 103.6581 104.4708
December 105.8606 104.2730 104.9594