2014 ETB to MWK Historical Review

YEARLY HIGH

24.6091 MWK

YEARLY LOW

19.6350 MWK

YEARLY AVERAGE

21.3000 MWK

2014 ETB to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ETB to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 30, valuing the pair at 24.6091. Conversely, the yearly low was recorded on October 11, dropping to 19.6350.

This high-to-low spread represents a total annual volatility of 4.9740 MWK. From a start-to-finish perspective, comparing the January average rate of 22.7254 to the December average rate of 23.8390, the exchange rate registered a net change of 4.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 24.6091 was up 8.81% compared to the 2013 peak of 22.6162, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 ETB based on timing:

Yearly Peak High 123,045 MWK

2013 Average 97,320 MWK

Yearly Trough Low 98,175 MWK

Transaction Impact: A difference of 24,870.11 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

24.2368

19.4627

JanuMarcMayJulySeptNove

ETB 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 21.1941, compared to 21.4059 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2118 points.

H1 Avg (Jan–Jun) 21.1941

H2 Avg (Jul–Dec) 21.4059

Volatility Range Comparison

Volatility

The most volatile month in 2014 was October, with a trading range of 3.5125 MWK (High: 23.1476 / Low: 19.6350). On the other end, June was the most stable month, with a tight range of 0.1767 MWK (High: 20.2068 / Low: 20.0301).

October Spread (Volatile) ±3.5125

June Spread (Stable) ±0.1767

Growth Streaks & Declines

Trends

Between September and December, 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 March and April, when the average rate fell by 1.1744 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.1744

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2014: 23.5410) against the same month in 2013 (average: 20.9128), the exchange rate shifted by +2.6282 (+12.57%).

2014 Avg (November) 23.5410

2013 Avg (November) 20.9128

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	23.3937	21.8454	22.7254
February	22.4170	21.7892	22.0613
March	22.0179	21.0064	21.6551
April	21.2177	20.0486	20.4807
May	20.3297	20.0419	20.1509
June	20.2068	20.0301	20.0915
July	20.1267	19.8964	19.9757
August	20.0800	19.7569	19.9096
September	20.0791	19.7021	19.8605
October	23.1476	19.6350	21.3096
November	24.6091	22.7837	23.5410
December	24.5375	23.1338	23.8390