YEARLY HIGH
115.5746 MWK
YEARLY LOW
103.7382 MWK
YEARLY AVERAGE
105.5984 MWK

2018 BOB to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BOB to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 14, valuing the pair at 115.5746. Conversely, the yearly low was recorded on June 17, dropping to 103.7382.

This high-to-low spread represents a total annual volatility of 11.8364 MWK. From a start-to-finish perspective, comparing the January average rate of 104.9255 to the December average rate of 108.2661, the exchange rate registered a net change of 3.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 115.5746 was up 9.18% compared to the 2017 peak of 105.8606, 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 577,873 MWK
2017 Average 522,948 MWK
Yearly Trough Low 518,691 MWK
Transaction Impact: A difference of 59,182.05 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

109.0407
103.9567
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 105.4772, compared to 105.7197 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2425 points.

H1 Avg (Jan–Jun) 105.4772
H2 Avg (Jul–Dec) 105.7197

Volatility Range Comparison

Volatility

The most volatile month in 2018 was June, with a trading range of 11.8364 MWK (High: 115.5746 / Low: 103.7382). On the other end, February was the most stable month, with a tight range of 0.3776 MWK (High: 105.1773 / Low: 104.7997).

June Spread (Volatile) ±11.8364
February Spread (Stable) ±0.3776

Growth Streaks & Declines

Trends

Between September and December, 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 June and July, when the average rate fell by 3.4121 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -3.4121

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2018: 108.6170) against the same month in 2017 (average: 104.6627), the exchange rate shifted by +3.9544 (+3.78%).

2018 Avg (June) 108.6170
2017 Avg (June) 104.6627

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 105.7178 103.8162 104.9255
February 105.1773 104.7997 104.9727
March 105.2189 104.5443 104.9295
April 106.8921 104.4455 105.0379
May 108.3060 103.8458 104.3804
June 115.5746 103.7382 108.6170
July 105.8634 104.7839 105.2049
August 105.6459 104.8226 105.2091
September 105.3447 104.4914 105.1485
October 105.5559 104.7177 105.2165
November 106.0776 104.7274 105.2729
December 113.0174 105.2117 108.2661