2017 BOB to MWK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
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.
Comparing the value generated converting 5,000 BOB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsNo 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |