2022 EGP to MWK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 EGP to MWK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the EGP to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 11, valuing the pair at 54.9991. Conversely, the yearly low was recorded on December 27, dropping to 41.1757.
This high-to-low spread represents a total annual volatility of 13.8234 MWK. From a start-to-finish perspective, comparing the January average rate of 51.9169 to the December average rate of 41.5726, the exchange rate registered a net change of -19.92% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 54.9991 was up 5.31% compared to the 2021 peak of 52.2250, 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 2022.
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 48.8290, compared to 49.1879 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3589 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was June, with a trading range of 11.2413 MWK (High: 54.9991 / Low: 43.7578). On the other end, January was the most stable month, with a tight range of 0.4079 MWK (High: 52.0990 / Low: 51.6911).
Growth Streaks & Declines
TrendsBetween April and July, 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 October and November, when the average rate fell by 9.0318 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2022: 52.3671) against the same month in 2021 (average: 51.0197), the exchange rate shifted by +1.3474 (+2.64%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 52.0990 | 51.6911 | 51.9169 |
| February | 52.0301 | 50.6615 | 51.2608 |
| March | 51.8935 | 43.9899 | 48.9443 |
| April | 44.7782 | 43.8158 | 44.2015 |
| May | 45.8316 | 43.7632 | 44.2834 |
| June | 54.9991 | 43.7578 | 52.3671 |
| July | 54.6055 | 53.9382 | 54.2694 |
| August | 53.9897 | 53.0873 | 53.5107 |
| September | 53.3629 | 52.2440 | 52.8284 |
| October | 52.5129 | 42.4777 | 50.9892 |
| November | 42.6029 | 41.6131 | 41.9574 |
| December | 41.8110 | 41.1757 | 41.5726 |