2020 CNY to MWK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 CNY to MWK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the CNY to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 118.0405. Conversely, the yearly low was recorded on May 27, dropping to 102.6257.
This high-to-low spread represents a total annual volatility of 15.4149 MWK. From a start-to-finish perspective, comparing the January average rate of 106.3254 to the December average rate of 117.2855, the exchange rate registered a net change of 10.31% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 118.0405 was up 2.22% compared to the 2019 peak of 115.4799, indicating shifts in long-term support levels.
Comparing the value generated converting 25,000 CNY based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
CNY 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 104.6557, compared to 111.2087 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.5529 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was November, with a trading range of 3.6623 MWK (High: 116.3144 / Low: 112.6521). On the other end, June was the most stable month, with a tight range of 0.8004 MWK (High: 104.5138 / Low: 103.7134).
Growth Streaks & Declines
TrendsBetween May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 1.3406 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 117.2855) against the same month in 2019 (average: 104.6544), the exchange rate shifted by +12.6312 (+12.07%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 107.3478 | 105.5063 | 106.3254 |
| February | 106.1658 | 104.2378 | 104.9848 |
| March | 106.3922 | 102.8298 | 104.7715 |
| April | 104.6234 | 103.4015 | 104.0804 |
| May | 104.4248 | 102.6257 | 103.6416 |
| June | 104.5138 | 103.7134 | 104.1307 |
| July | 106.4216 | 104.0134 | 105.1280 |
| August | 109.2035 | 106.0292 | 107.5929 |
| September | 111.2799 | 108.9088 | 110.0134 |
| October | 113.3620 | 110.4419 | 112.1219 |
| November | 116.3144 | 112.6521 | 115.1101 |
| December | 118.0405 | 116.2265 | 117.2855 |