2021 EGP to MWK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 EGP to MWK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the EGP to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 52.2250. Conversely, the yearly low was recorded on January 2, dropping to 48.8969.
This high-to-low spread represents a total annual volatility of 3.3281 MWK. From a start-to-finish perspective, comparing the January average rate of 49.1974 to the December average rate of 51.8649, the exchange rate registered a net change of 5.42% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 52.2250 was up 5.87% compared to the 2020 peak of 49.3281, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 EGP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
EGP 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 50.0773, compared to 51.7813 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.7041 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was July, with a trading range of 0.9972 MWK (High: 51.7576 / Low: 50.7604). On the other end, October was the most stable month, with a tight range of 0.2287 MWK (High: 52.0724 / Low: 51.8436).
Growth Streaks & Declines
TrendsBetween January and October, 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 October and November, when the average rate fell by 0.0336 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2021: 51.8649) against the same month in 2020 (average: 48.8894), the exchange rate shifted by +2.9755 (+6.09%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 49.5783 | 48.8969 | 49.1974 |
| February | 49.9392 | 49.0553 | 49.6636 |
| March | 50.1470 | 49.6013 | 49.8371 |
| April | 50.6544 | 49.8507 | 50.1418 |
| May | 50.8941 | 50.2535 | 50.6038 |
| June | 51.4640 | 50.5105 | 51.0197 |
| July | 51.7576 | 50.7604 | 51.4896 |
| August | 51.9475 | 51.4807 | 51.7413 |
| September | 51.9751 | 51.5382 | 51.7703 |
| October | 52.0724 | 51.8436 | 51.9278 |
| November | 52.0451 | 51.8076 | 51.8942 |
| December | 52.2250 | 51.5921 | 51.8649 |