2021 CNY to MWK Historical Review

YEARLY HIGH

128.9456 MWK

YEARLY LOW

118.5757 MWK

YEARLY AVERAGE

123.9191 MWK

2021 CNY to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CNY to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 128.9456. Conversely, the yearly low was recorded on January 3, dropping to 118.5757.

This high-to-low spread represents a total annual volatility of 10.3699 MWK. From a start-to-finish perspective, comparing the January average rate of 119.4009 to the December average rate of 127.9674, the exchange rate registered a net change of 7.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 128.9456 was up 9.24% compared to the 2020 peak of 118.0405, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 3,223,640 MWK

2020 Average 2,698,598 MWK

Yearly Trough Low 2,964,392 MWK

Transaction Impact: A difference of 259,248.13 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

128.8241

118.5442

JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 121.3765, compared to 126.4617 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.0852 points.

H1 Avg (Jan–Jun) 121.3765

H2 Avg (Jul–Dec) 126.4617

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 3.2049 MWK (High: 122.5456 / Low: 119.3407). On the other end, November was the most stable month, with a tight range of 1.0966 MWK (High: 128.3393 / Low: 127.2427).

April Spread (Volatile) ±3.2049

November Spread (Stable) ±1.0966

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.1642 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.1642

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 127.9674) against the same month in 2020 (average: 117.2855), the exchange rate shifted by +10.6819 (+9.11%).

2021 Avg (December) 127.9674

2020 Avg (December) 117.2855

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	120.9608	118.5757	119.4009
February	121.3619	119.1122	120.3428
March	120.9777	119.4404	120.1786
April	122.5456	119.3407	120.6264
May	125.2082	122.3356	123.3184
June	125.2844	123.1966	124.3922
July	125.9326	122.9656	124.7169
August	125.8325	124.6784	125.3985
September	126.5137	125.2668	125.9442
October	128.0365	126.2979	127.0692
November	128.3393	127.2427	127.6742
December	128.9456	127.2639	127.9674