YEARLY HIGH
119.2231 MWK
YEARLY LOW
111.5323 MWK
YEARLY AVERAGE
115.8009 MWK

2021 BOB to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BOB to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 119.2231. Conversely, the yearly low was recorded on February 4, dropping to 111.5323.

This high-to-low spread represents a total annual volatility of 7.6909 MWK. From a start-to-finish perspective, comparing the January average rate of 112.1987 to the December average rate of 118.1391, the exchange rate registered a net change of 5.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 119.2231 was up 6.45% compared to the 2020 peak of 111.9973, 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 596,116 MWK
2020 Average 539,064 MWK
Yearly Trough Low 557,661 MWK
Transaction Impact: A difference of 38,454.39 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

118.8315
111.5957
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 113.7545, compared to 117.8472 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.0926 points.

H1 Avg (Jan–Jun) 113.7545
H2 Avg (Jul–Dec) 117.8472

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 2.2259 MWK (High: 116.6680 / Low: 114.4420). On the other end, October was the most stable month, with a tight range of 0.5305 MWK (High: 118.4874 / Low: 117.9569).

June Spread (Volatile) ±2.2259
October Spread (Stable) ±0.5305

Growth Streaks & Declines

Trends

Between January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0894 points.

Longest Streak 10 Mo.
Sharpest MoM Drop -0.0894

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 118.1391) against the same month in 2020 (average: 111.2675), the exchange rate shifted by +6.8716 (+6.18%).

2021 Avg (December) 118.1391
2020 Avg (December) 111.2675

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 112.7364 111.7258 112.1987
February 113.3155 111.5323 112.6159
March 113.7758 112.6539 113.3079
April 114.8890 113.3912 113.9639
May 115.6828 114.0755 114.8975
June 116.6680 114.4420 115.5433
July 117.6684 115.4756 117.0193
August 118.1560 117.0785 117.6909
September 118.3336 117.2394 117.8211
October 118.4874 117.9569 118.1839
November 118.6304 118.0312 118.2286
December 119.2231 117.4503 118.1391