2018 BOB to MWK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
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.
Comparing the value generated converting 5,000 BOB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
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 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |